Ensure your property is adequately insured at all times by taking into account the renovations and enhancements made to your property. You should also decide on the basis of compensation for loss/damage to your property, whether it is on indemnity or reinstatement basis, and the sum insured shall reflect the choice.
The effects of damage to your property by fire can be devastating. Properties built or businesses carried on with years of hard work may be lost in a matter of few minutes. Replacing lost property may mean having to come up with substantial funding.
It may be impossible to completely eliminate the risk of a fire breaking out, but you can reduce the financial loss by taking out our Fire and Perils Policy.
The basic Fire policy provides coverage for loss of or damage to insured property caused by;
The insured properties include;
We will not be liable for any claims arising out of: