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The
Fire Insurance policy is designed to provide insurance protection for
your home, business and other valuable assets against the perils of fire.
Buildings, either
completed or under construction, as well as its contents (such as furniture,
fixtures, fittings and equipment, machinery, tools, spare parts, finished
or unfinished stocks in trade, personal effects except money and jewelry,
betterments and improvements) may be covered under the Fire Insurance.
Fire Insurance
basically covers property against fire and lightning. However, the coverage
may be extended to include, among others, the following details:
- Typhoon
- Flood
- Earthquake Fire / Shock
- Riot, Strike & Malicious
Damage
- Robbery and Burglary
- Broad Water Damage
- Sprinkler Leakage
- Extended Coverage (Smoke,
Explosion, Falling Aircraft, Impact of Vehicles)
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