Safeguard Your Property Against Fire

Coverage against financial loss & property damage caused by a fire or other covered perils

  • Coverage against both fire-related accidents & burglary
  • Covers cost of damage to building, contents & stock
  • Offers repair cost of the machine in case of damage due to fire
Compare & Buy Fire Insurance policy in India
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What Is Fire Insurance?

Fire insurance is a type of insurance that provides coverage if your property gets damaged or destroyed due to fire. Basically fire insurance policy in India is a contract under which the insurance company pays money as compensation if your properties are destroyed or damaged in fire. In other words, this insurance is designed to cover the insured for loss or damage to buildings and personal property by fire.

Fire insurance policies not only provide coverage for the expenses incurred for the reconstruction, replacement and repair of the insured property, but also the nearby structures. Furthermore, this fire insurance plan also provides protection for the people whose life or livelihood is affected due to property damage.

Fire insurance policy in India is governed by All India Fire tariff which has been issued by a legal body-Tariff Advisory Committee. As per standard plan of fire and special perils plans, all the movable and permanent properties on land can be insured. Various types of possessions can be insured under fire insurance policy in India, like industrial buildings, dwellings, offices, shops, places of worship and their contents, shops, shopping malls, clinics, hospitals, apartments, private houses and many more.

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