What are the Utilities in Fire Insurance?

The purpose of a fire insurance policy is to shield you from various losses or damages which can arise after a fire accident. In this case, if you would have a fire insurance policy, you can approach the fire insurer who would settle your claim and thus, curtail your financial expenses to a great extent. […]

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What are the Non-Manufacturing Risks Mentioned in Fire Insurance?

A fire insurance is an important policy which offers financial security in case of any loss or damage due to fire. Misfortunes can strike even when you have taken all the safety regulations. Therefore, it makes complete sense to go with a fire insurance and secure your business from the losses or damages due to […]

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What is local authority clause in fire insurance?

A local authority clause in the fire insurance policy extends to cover the additional cost of reinstatement of the destroyed or damaged property that has been insured accordingly. This clause comes to effect when such an additional cost is incurred due to the necessity to comply with the authority regulations. Such regulations can be related […]

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Things to know about a fire insurance policy

At least six people died when a fire erupted at a four-story building of Excel Greentech, anLED packaging office in Noida’s Sector 11. It was the lunch time, and out of 40 staffers, around 15 were at the office, while others went out for lunch. So, massive was the fire, which an adjacent factory located […]

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