Fire Insurance
Providing coverage for losses and damages, including consequential losses, caused by fire incidents in homes, workshops, factories, and buildings.
Key Benefits
Comprehensive protection designed for your peace of mind.
Comprehensive Coverage
Protect your home, business, or property from fire and smoke damage. Our coverage extends to buildings, machinery, furniture, and goods.
Competitive Rates
Our insurance premium ranges from 0.13% to 3.5% of the insured property value, considering the property\'s nature, use, and environment.
Dedicated Claim Support
Our dedicated claims team is ready to assist you at every stage, from reporting the incident to final settlement, ensuring a fast and hassle-free process when your property needs it most.
Product Features
Comprehensive coverage options tailored to your needs.
Eligibility
- Insurable Property can be insured by anyone who owns the property or is legally responsible for the safety of the property.
- 1. Building
- 2. Machinery
- 3. Furniture
- 4. Stock of Goods
Policy Term
- 1. Minimum policy term 10 days
- 2. Maximum policy term 1 year (renewable on a yearly basis)
Premium Rating
- It ranges from 0.17% to 3.5% 0.13% to 3.5% of the total insured value (asset value). The rate is determined based on the following factors.
- 1. Type of building
- 2. Building status
- 3. Building use
- 4. Position around the building
Basic Coverage
- 1. Accidental Fire
- 2. Lighting and Fire
- 3. Explosion caused by natural gas used for domestic purpose
Additional Coverage
Customer can also buy additional covers by paying additional premium separately.
- 1. Riot fire, Riot Strike damage including fire and malicious damage
- 2. Aircraft Damage
- 3. Impact Damage
- 4. Subsidence and landslide
- 5. Earth-quake fire, Fire and Shock damage caused by Earth-quake
- 6. Explosion
- 7. Spontaneous Combustion – Stocks Only
- 8. Various Storms (i.e. Typhoon, Hurricane, Tempest, etc.)
- 9. Flood and Inundation
- 10. Burglary (Depend on class of building)
- 11. War Risk
Frequently Asked Questions
Common questions about our insurance coverage.
What types of commercial properties can be insured?
We cover factories, offices, warehouses, shops, and other commercial buildings.
Who should purchase Commercial Fire Insurance?
It is designed for business owners, manufacturers, retailers, and property investors.
How is the sum insured determined?
It is based on the value of the buildings, machinery, and stock at risk.
How important is my building’s construction type?
The construction materials and fire resistance directly impact both your risk level and premium.
Can I customize the policy?
You can add extensions such as burglary, earthquake, or machinery breakdown.