Own a home, business, or manufacturing facility? Fire & Allied Perils Insurance protects your property against fire, lightning, and explosions—covering buildings, household contents, and business assets like stock-in-trade.
For full compensation, insure your property at its full reinstatement value. You can also extend your cover to include loss of rent, debris removal, and additional risks such as floods, earthquakes, riots, strikes, and malicious damage.
Key features & benefits
- Comprehensive property cover – Protects buildings, contents, and business assets like stock-in-trade
- Core risk protection – Covers fire, lightning, and explosions
- Flexible coverage options – Suitable for homes, businesses, and industrial properties
- Optional extensions – Add covers like loss of rent and debris removal
- Extended perils cover – Can include floods, earthquakes, riots, strikes, and malicious damage
- Full reinstatement value – Ensures proper compensation when correctly insured
Optional add-ons & extended risks
Optional add-ons (extra protection)
- Loss of rent / business interruption – Covers income lost if property becomes unusable
- Debris removal costs – Pays for clearing damaged property after a loss
- Professional fees – Covers architects, engineers, and surveyors during rebuilding
- Fire fighting expenses – Covers costs incurred to control or extinguish fire
- Temporary accommodation – For homeowners displaced after damage
Extended risks (additional perils)
- Flood & storm damage – Protection against heavy rains and flooding
- Earthquake & seismic activity – Covers structural damage from earth movements
- Riot, strike & civil commotion – Damage caused by unrest or protests
- Malicious damage – Intentional damage by third parties
- Bush fire – Fire spreading from nearby vegetation
- Explosion (extended scope) – Broader coverage beyond standard risks
Exclusions
- High-risk businesses not covered – Includes banks, forex bureaus, jewellery shops, manufacturing premises, tobacco/beer distributors, and open-air markets
- Fraudulent claims – Any false or misleading claim results in total loss of policy benefits
- Duplicate insurance claims – Losses already covered under another policy are excluded
- Government actions – Loss from confiscation or orders by authorities is not covered
- Self-generated damage – Includes natural heating, fermentation, or spontaneous combustion
- Cash & securities – No cover for cash, banknotes, or financial instruments
- Rental income loss – Not covered unless specifically added as an extension
- Goods in trust or commission – Items not owned by the insured are excluded
- Illegal activities – Any loss linked to unlawful trade is not covered
