The most basic form of protection for your
assets like Buildings, Stocks, Furniture and
other contents is insurance against the
contingencies of Fire Lightning etc.
Starting from this cover it would be
possible to 'add on" cover for various
perils and contingencies to the point of
virtually converting the cover into an "All
Risk" category. We provide a wide range of
covers for practically all type of exposures
and organise customised solutions to cater
to the specific needs of our customers. The
Fire Insurance insures your home, its
contents and businesses such as office,
shops and manufacturing units.
A fire policy is valid only if the
policy-holder has an insurable
interest in the property covered.
Such interest must exist at the time
when the loss occurs. To ensure that your insurance policy
would deliver when you need it most,
it is important to select the right
cover. Clauses amending the scope of
cover for customizing and widening
the basic cover need to be added.
Professional care taken at the beginning can
be very beneficial at the time of a claim.
For example, in the event of major damage
due to fire would your current policy allow
for the new replacement costs of your assets
or does it only pay the depreciated written
If the policy is worded on a new
replacement value basis are you aware of the
obligations on your part to ensure that the
policy will pay in full ?
Are you paying
additional premium unnecessarily by insuring
stock at higher values than necessary to
ensure full cover for fluctuating stock
Will your rights under the policy
be prejudiced if contractors working in your
premises cause a fire ?