Fire Insurance
Overview
The standard fire policy covers loss or damage to property insured as a result of fire, lightning, or explosion – brought about by gas used for domestic purposes. This kind of fire cover is, however, limited in scope and is therefore extended to cover other perils (now known as special perils) such as: Impact Damage, Bursting of Pipes, Floods, Earthquakes, and Aircraft etc.
The standard fire policy covers loss or damage to property insured as a result of fire, lightning, or explosion – brought about by gas used for domestic purposes. This kind of fire cover is, however, limited in scope and is therefore extended to cover other perils (now known as special perils) such as: Impact Damage, Bursting of Pipes, Floods, Earthquakes, and Aircraft etc.
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