Insurance that offers protection of your property against fire-related damages is called ‘Fire Insurance’. It provides coverage against the construction cost and assets of the building. It also covers damage to the personal property other than the insured and expenses of those who are affected due to the property damage.

Scope of Fire Insurance

  • Fire insurance offers complete protection against damage, due to fire explosion, caused to movable or immovable property.
  • Fire insurance includes damages to the properties including an office building, furniture, plan, stock, machinery etc.
  • Other than fire perils, this policy also includes damages due to natural disaster, landslide, explosion, bursting of water tank etc.