Features: Covering Properties, Buildings and Contents of warehouses, Dwellings, Factories, Industries and manufacturing premises labour accommodation, etc.
Benefits: The policy provides indemnity against loss or damage to property insured caused by fire and/or lighting. Insurance may be extended at additional premium to cover Burglary, Explosion, Aircraft Damage, Impact, Earthquake, Riot & Strike, Malicious Damage, Storm Tempest Flood and Bursting of Water Pipes, etc.
Premium is calculated per thousand of the total Sum Insured. The rate varies according to the nature of the risk and type of cover.