Fire and Allied Perils Cover
This insures the policy-taker’s business premises (building), goods (contents), etc., against accidents due to – o Fire o Lightning o Explosion/Implosion o Aircraft damage o Riot, strike, and malicious damage o Storm, cyclone, typhoon, tempest, hurricane,
tornado, flood and inundation o Impact damage o Landslide including rockslide o Bursting of overhead water-storage tanks and apparatus Missile-testing operation losses Leakage from automatic sprinkler installations o o
What about Earthquake and Terrorism?
Well, these are specifically covered in some policies, but are optional in some others, where additional premium will have to be paid to cover the same.