What is Fire Insurance?
This product provides cover which responds to loss or damage to property caused by fire, lightning, and explosion and is extended to include riots, strikes, malicious damages, storms, earthquakes, floods, and water damages due to bursting or overflowing water tanks apparatus and pipes. Property covered includes: buildings, furniture, fixtures and fittings, plant and machinery, stock etc. Below are the categories of this cover: Fire and Allied PerilsFire IndustrialFire - Loss of ProfitsThis basic cover responds to loss or damage to property caused by fire, lightning and explosion and is extended to include riots, strikes, malicious damages, storms, earthquakes, floods, and water damages due to bursting or overflowing water tanks apparatus and pipes. Property covered includes: buildings, furniture, fixtures and fittings, plant and machinery, stock etc.

This form of insurance is also known as Fire Consequential Loss. The policy responds to consequential losses arising from risks covered under fire and allied perils section. Examples of such consequential losses include loss of profit, rent, wages or increase or additional expenses in the cost of working within a given period.
