Fire insurance policy can be taken for
Answer (1)
5th Jul, 2021
Hello Aspirant,
A fire insurance policy can cover
- Any damage caused due to fire,besides this any damage caused due to natural heating, own fermentation or unconstrained burning is not included
- Damage due to fire explosion
- Damage due to lightning
- Damage that leads to fire like aircraft, airborne devices being dropped
- Damage due to strike, riot or other terrorist activity
- Natural calamities like storm, tycoon, rockslide, landslides
- Damage due to bursting or overflowing water tank
- Damage due to bush fire but will not cover forest fire damages
Hope this helps
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