Fire and Allied Perils Insurance
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Description
The devastating effect which a fire can have on a company's assets such as its buildings, plants, machinery and equipment etc., calls for Comprehensive Fire Insurance. This policy provides indemnity against loss or material damage to properties occasioned by fire.
The rate of premium charged is in direct proportion to the risk and value of assets. The object of fire insurance is to repair or replace property damaged or destroyed; or to compensate the insured for such a loss. This ensures that such devastation does not have a lasting effect on you or your company.
The rate of premium charged is in direct proportion to the risk and value of assets. The object of fire insurance is to repair or replace property damaged or destroyed; or to compensate the insured for such a loss. This ensures that such devastation does not have a lasting effect on you or your company.
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Fire and Allied Perils Insurance