The basic Fire policy provides indemnity/cover against loss or damage to insured property, caused by fire, lightning and explosion. However, the policy can also be extended to cover riots, strike, malicious damage, storm, earthquake, impact by vehicles, aircraft and other aerial devices, subterranean fire, spontaneous combustion, explosion of industrial boilers and economizers, flooding, water damage due to bursting or overflowing of water tanks, apparatus, and pipes among others.
This insurance covers assets such as buildings, plant and machinery, stock, furniture fixtures and fittings and office equipment.
We will arrange a suitable fire and perils policy with appropriate extensive clauses for maximum protection at the most appropriate cost.
Fire Business Interruption cover
Following an unwelcome occurrence of fire or an operation of any of the special perils insured, there will definitely be interruption in the business. At Royal Associates Insurance Brokers , we are highly experienced and our pool of professionals will arrange an appropriate policy to provide coverage against loss of profit due to reduction in turn over and increased cost of working or additional expenses incurred to prevent further reduction in turn over. This policy will be taken along side Fire and perils policy.
We will structure this policy appropriately to make it cost effective at the widest scope possible.