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Fire Insurance

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Fire Insurance

Fire Insurance is a kind of insurance which covers damages and losses caused by fire. It helps to cover the risk of loss of property caused by fire accidentally or unintentionally. A fire insurance policycovers the loss that the insurer may suffer due to destruction of or damage to property or goods, caused by fire during a specific period and up to an agreed amount.

Any person/institution/firm/organization etc., who may expose to financial loss or damage in case of fire, can opt for fire insurance policy.

Types of Fire Insurance Policy

  • Valued Policy
  • Specific Policy
  • Average Policy
  • Floating Policy
  • Comprehensive Policy
  • Consequential Loss Policy
  • Replacement Policy
Fire insurance

 

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