- Accidental cover from day 1.
- 30 days waiting period: Any disease/illness/condition or treatment mentioned in 2 year exclusion list w [...]
A fire insurance covers the monetary loss that occurs because of the destruction or harm to belongings caused by fire, at some stage in a given duration and up to the decided amount. The coverage specifies what will be the maximum amount that an insured can declare in case there is a loss. The loss that can occur is not really measured by the amount cited; rather it can be ascertained closest after the fire has actually happened. The insurer can make the actual amount of loss no longer exceeding the maximum amount constant under the policy.
The insurance policy that offers financial reimbursement for loss or damage caused to possessions and valuable items due to burglary or house breaking is referred as burglary insurance. In case of a business premise, the damage caused to furniture, stock of goods and other possessions within the business premise is also covered by this insurance.
Burglary Insurance Cover for Business Premises It protects loss or damage to any part of the insured premises and its content after a robbery attempt and the first loss or damage caused to the property is covered only once and that too up to a given amount.
Fire insurance is a property coverage that covers the damage and pays for damages to property and other losses that you may suffer from a fire and the cost of repairing or replacing damaged property is included in it. Fire coverage is included in most homeowners’ insurance policies.
Fire insurance policy is an agreement between the insurance company and the insured when the insurer covers the loss or damage occurred due to the outbreak of fire. Here, the premium is pre-decided, where the insurance company is obliged only to pay up to the insured amount only. The main features of fire insurance include:
Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table. -Ambrose Bierce