Standard Fire and Special Perils Policy
Comprehensive Coverage Against Fire and Other Risks
Worried about the potential damage fire could cause to your business? The Standard Fire and Special Perils Policy is designed to protect your property—both movable and immovable—from various risks. It covers not just fire, but also incidents like riots, terrorism, floods, and more. With optional add-ons like coverage for loss of rent, earthquake, and debris removal, you can ensure your business is safeguarded against unexpected events.
Key Benefits
- Covers fire, riots, terrorism, and more.
- Optional add-ons like loss of rent, earthquake, and debris removal.
- Protects movable and immovable property.
- Provides financial security in case of disasters.
Health Cover Up
to ₹50 Lacs
What is Standard Fire and Special Perils Policy?
The Standard Fire and Special Perils Policy protects your property against risks like fire, floods, riots, and terrorism. It covers both movable and immovable property, with optional add-ons like loss of rent, earthquake, and debris removal for added protection.
Why do you need Standard Fire and Special Perils Policy?
Protect Your Business
Safeguard your property against unforeseen events like fire, floods, and riots.
Comprehensive Coverage
Ensure full protection for all types of property—both movable and immovable.
Add-On Protection
Customize your policy with additional covers like loss of rent, earthquake, and debris removal.
Secure Your Future
Get peace of mind knowing your property is protected from major disasters.
Why choose Insurance Manager to protect your business?
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
What does Standard Fire and Special Perils Policy cover and exclude?
Plan Coverage
Fire and Explosion Protection
Covers losses caused by accidental fire, lightning, and explosions/implosions.
Natural Disaster Coverage
Protects your property against floods, cyclones, earthquakes, and storms (STFI).
Impact and Accidental Damage
Covers damage from vehicles, animals, and structural collapses like landslides and rockslides.
Riot and Malicious Damage
Safeguards against riots, strikes, and intentional malicious damages (RSMD).
Water-Related Incidents
Covers losses from water tank bursts, sprinkler leakages, and pipe overflows.
Customizable Add-Ons
Add extra protection for loss of rent, startup expenses, and terrorism cover.
Specialized Policies for Flexibility
Choose from Floater, Declaration, or Floater Declaration policies for tailored coverage.
Architect and Cleanup Costs
Covers architect fees, debris removal, and startup costs post-damage.
Major Exclusions
Self-Heating or Fermentation
Excludes fire caused by natural heating, fermentation, or drying processes.
Intentional Burning
Losses from burning expressly ordered by public authorities are not covered.
War and Armed Conflicts
Damages caused by war, invasions, or warlike situations are excluded.
Pollution and Contamination
Excludes losses caused by pollution unless directly caused by an insured peril.
Consequential Losses
Indirect losses or financial impacts following the incident are not covered.
Property in Transit
Excludes damage to goods while being transported, unless specified in the policy.
Normal Wear and Tear
Routine wear and tear or gradual depreciation of property is not covered.
Uninsured Perils
Any loss or damage caused by risks not explicitly mentioned in the policy is excluded.
Your Journey to Insurance Manager
When can I Claim?
A claim under Standard Fire and Special Perils Policy can be registered in the below circumstances:
- Fire or Explosion: Damage caused by accidental fire or explosions.
- Natural Calamities: Loss due to floods, storms, or earthquakes.
- Man-Made Events: Damage from riots, strikes, or malicious acts.
- Accidental Damage: Loss during fire containment or debris removal.
Claim what’s yours with Insurance Manager
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