Fire Policy

One policy covering destruction or damage to insured property.
- Fire Insurance is governed by All India Fire Tariff effective from 31.3.2001 issued by Tariff Advisory Committee, a Statutory Body.
- The Standard Fire and Special Perils Policy covers all properties on land (excluding cost of land), moveable or immoveable, at various locations against named perils.
- Special Types of Policies are designed for Stocks (declaration and floater), Building, Plant & Machinery keeping in mind the nature of property, proposers' requirements and basis of indemnification.
- Long Term Policies available for Dwellings with suitable discounts in premium.
- Policy can be extended to cover certain additional perils and expenses at additional premium.
- Certain perils can be deleted with discount in premium rates.
- Discount in premium available for good claims experience for sum insured more than Rs. 50 crores in one location and for installation of fire extinguishing appliances.