Fire And Named Perils Insurance

Fire And Named Perils Insurance

Coverage

The Insurer shall be liable for any loss or damage caused by:

  • Fire,
  • Explosion,
  • Lightning,
  • Aircraft damage,
  • Riot, Striker, Locked-out Workers,
  • Storm, Tempest and Flood,
  • Impact damage,
  • Bursting and/or overflowing of water tanks, apparatus and pipes,
  • Earthquake or volcanic,
  • Malicious act.

Exclusions

The Insurer shall not be liable for any loss or damage resulting from:

  • Loss by theft during or after the occurrence of a fire,
  • Loss,  damage  or  destruction  to  property  occasioned  by  its  own  fermentation,  natural  heating  or spontaneous  combustion,  or  by  its undergoing any heating or drying process,
  • Earthquake, volcanic eruption or other convulsion of nature,
  • Typhoon, hurricane, tornado, cyclone or other atmospheric disturbance,
  • War, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared or not), civil war.