Standard Fire and Special Perils Policy (Material Damage)
Brief Description :
This policy covers properties of the insured from the dangers of Fire & various other perils (which also includes Riots, Strike & Terrorism) for a small premium. This policy is available to a wide range of properties. From a unit of an Artisan, Small Scale Industries, Cottage Industry to a Large Business Houses and Petrochemical Complex all are covered under a single policy. If desired Dwelling can be covered for a period of 10 years also.
Covered Risks :
Fire,Lightning,Explosion/Implosion,Aircraft damage,Riot and Strike,Impact Damage,Subsidence,Bursting or overflowing of water tank Sprinkler Leakage,Bush fire excluding forest fire.
Major Exclusions :War and warlike operations,Ionisation,Pollutions/Contamination -not due to insured peril,Stocks in cold storage due to temperature change. Visit Avdhoot Investment for more detail on Fire Insurance
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