Fire and Allied Perils
Fire in a warehouse, factory, or any other facility can cause substantial losses in property and its contents resulting in hardship for an enterprising organization or householder. Fire insurance is therefore important to protect owners from the consequence of fire loss.
Some of the allied perils to property that our insurance can be extended to cover are:
1. Damage due to impact by motor vehicles
2. Damage due to impact by crashing aircraft or items falling from an aircraft
3. Spontaneous combustion
4. Earthquake
5. Inundation from overflowing water tanks and burst water pipes
6. Storms, hurricanes, and floods
7. Civil liability towards third parties
8. Tenant’s liability towards the landlord for loss of rent
9. Explosions
10. Malicious damage
11. Riots, strikes, and civil commotion
12. Business interruption following damage due to an insured peril
