Standard Fire & Special Perils Insurance Services

It offers cover against fire and allied perils named in the policy. The policy can cover a building (including plinth and foundation), plant and machinery, stocks, furniture, fixtures and fittings and other contents. Properties which can be covered under Standard Fire and Special Perils includes industrial and manufacturing risks, dwellings, hotels, offices, shops, utilities and the like.

General Exclusions:

• Loss, destruction or damage caused by war, invasion, act of foreign enemy hostilities
• Nuclear risks
• Damage due to radioactive materials
• Damage to boilers from explosion
• Loss or damage due to its own fermentation, natural heating, and undergoing any heating or drying process
• Loss or damage to electrical machinery or equipment from electrical fire