What is the Meaning of STFI in a Fire Insurance Policy?

STFI Cover in a Fire Insurance Policy

STFI Cover in a Fire Insurance Policy stands for Loss, destruction or damage directly caused by Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood or Inundation excluding those resulting from earthquake, Volcanic eruption or other convulsions of nature. The STFI Cover is an add-on Cover in a Fire Insurance Policy which enhances the Policy Coverage

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12 Perils Covered under a Standard Fire and Special Perils Insurance Policy [Infographic]

12 Perils Covered under a Fire Insurance Policy

Business owners invest crores of rupees in assets such as plant and machinery, buildings, offices, warehouse stocks etc. Thus, it is important to secure these assets with a Fire Insurance Policy. Fire Insurance, also known as a Standard Fire and Special Perils Insurance Policy provides reimbursement in case the insured assets are damaged by fire […]

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Advantages of a Fire Insurance Policy For Your Factory [Infographic]

Fire Insurance Policy For Your Factory

Keeping your factory assets uninsured might result in huge financial losses. A small fire accident can cause damage to the tune of Crores of Rupees. It is extremely important for factory owners to purchase a comprehensive Fire Insurance Policy for all their assets such as plant and machinery, factory building, stocks etc.There are many benefits […]

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What is the Importance of a Fire Insurance Policy?

Benefits and Advantages of a Fire Insurance Policy

What is a Fire Insurance Policy? A Fire Insurance Policy is a type of insurance policy whereby the Fire Insurance Company agrees to reimburse the Policyholder for any damage or loss to insured assets because of a fire-related accident. Fire Insurance Coverage includes protection against a range of perils like Fire, Explosion, Implosion, Storm, Floods, […]

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