Do you get worried after reading news of so much loss caused by fire incidences and think what will happen to your business if material or property gets damaged by accidental fire? You put so much hardwork and money in creating a business and fire can destroy the same in no time. At the time of such misfortunes is when one needs the Standard Fire and Special Perils Policy, which covers all properties on land (excluding cost of land), moveable or immoveable, at various locations against named perils. Standard Fire and Special Perils policy not only covers losses from fire, but also covers loss in fire containment, riots, terrorism, flood, etc. and by taking add-on cover at little extra premium you can also cover for loss of rent, earthquake, removal of debris, etc.
Scope of cover
Policy generally covers losses due to following perils-