Fire Insurance

A fire insurance policy covers for losses that are caused by fire. It is a contract made between the insurer and the provider of the insurance service. A policy is available at a premium, and it covers for the loss caused to the victim due to a fire.

The different types of fire policies available in India are:

  • Specific Policy with Average Clause
  • Comprehensive Policy
  • Valued Policy
  • Floating Policy
  • Reinstatement Value Policy