Buildings(including those under construction), Plant,Machinery and Equipment including Hospital & Office Equipment,Instruments,tools and accessories of various kinds,Electrical installations,Furniture, Fixtures and Fittings, Stocks of all kinds pertaining to industry and trade,Books,Periodicals and Stationery, Household Articles.
Standard Fire and Special Perils Policy Covers
- Fire, lightning, explosion/implosion Aircraft damage.
- Riot, strike, terrorism, malicious damage (RSTMD).
- Impact damage,subsidence and landslide.
- Bursting and/or overflowing of water tanks, apparatus and pipes.
- Missile testing operations.
- Leakage from automatic sprinkler installation, Bushfire.
- Architect’s fee snot exceeding 3%of claim, cost of removal of debris not exceeding 1% of claim.
- Temporary removal of plant and machinery upto 60 days.
Standard Fire and Special Perils Policy does not Covers
- Destruction/damage byown fermentation, natural heating or spontaneous combustion.
- Property undergoing any heating or drying process.
- Burning of property insured byorder o fany public authority.
- Explosion / implosion damage to boilers,damage caused by centrifugal forces.
- Forest fire,war and nuclear perils.
- Bullion,curios,work so fart,cheques,currency etc (unless specified).
- Electrical short circuits,consequential losses Theft during/after operation of peril.