Fire Insurance
Fire Insurance
Fire insurance is a type of property insurance that covers loss or damage caused to your office buildings, home or any other site/place where you run your business. Purchasing this insurance policy helps to cover the repair cost, replacement cost or reconstruction of property as per the sum insured amount specified in the policy.
Why is Fire Insurance important?
Let us understand the fire insurance meaning and why is it a wise choice. Here are some of the features of fire insurance that indicate why you should purchase it.
- Protection against any loss or damage caused due to any movable or immovable object that turns into a fiery explosion.
- A fire policy covers property damage such as furnishings, office building, machinery, stock, etc. due to a fire accident.
- Besides, fire perils, a burglary insurance policy also provides coverage for the damages caused due to any natural calamity, explosion, bursting of the water tank, etc.
