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

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 and associated perils.

It is important to understand the coverages under a Fire Insurance Policy.

A Fire Insurance provides cover against 12 Perils as follows:

1. What is a Fire Insurance Policy?
2. What is the need for a Standard Fire and Special Perils Insurance Policy?
3. What are the Perils covered under a Fire Insurance Policy?
4. What are the Principles of a Fire Insurance Policy?
5. Principle of Insurable Interest
6. Principle of Utmost Good Faith
7. Principle of Proximate Cause
8. Principle of Indemnity
9. Principle of Subrogation
10. Principle of Contribution
11. What are the Add-On Covers available in a Fire Insurance Policy?
12. Types of Fire Insurance: What are they?
13. Stock Declaration Policy
14. Floater Policy
15. Average Policy
16. Agreed Value Policy
17. What is Bharat Sookshma Udyam Suraksha Policy?
18. What is Bharat Laghu Udyam Suraksha Policy?
19. What can be Insured with a Fire Insurance (Standard Fire and Special Perils) Policy?
20. How is the Premium calculated under a Fire Insurance Policy?
21. How to fix Sum Insured under a Fire Insurance Policy?
22. What are the Exclusions in a Fire Insurance Policy?
23. How to Claim Fire Insurance?
24. Get the Best Quotes for Fire Insurance Policy
25. FAQS
26. Testimonials