Fire & Extraneous Perils Insurance
Covers property and assets against fire and named peril losses.
Protect your business property value. From industrial facilities to commercial buildings.
Protects against loss or damage to the building structure and its contents due to fire.
Covers fixtures, fittings, and renovations within the insured property.
Ensures coverage for stock, machinery, and equipment essential to your business operations.
Compensates for loss of rental income if the property becomes uninhabitable due to fire damage.
Covers the cost of removing debris following a fire incident.
Standardized
exclusion clauses
Age-differentiated
premiums
Reimbursement to hospitals upon claim admission
A: While not legally mandated, many landlords and financial institutions require businesses to have Fire Insurance as part of lease or loan agreements.
A: Fire Insurance covers damages specifically caused by fire and named perils, whereas Property All Risks Insurance offers broader coverage, protecting against a wider range of unforeseen events unless explicitly excluded.
A: Premiums are calculated based on factors like the value of the insured property, nature of business operations, location, and selected coverage options.
A: Yes, many insurers offer Business Interruption coverage as an add-on, compensating for income loss during periods when business operations are halted due to insured events.
A: The sum insured should reflect the full replacement cost of your property and contents. It’s advisable to consult with insurance professionals to accurately assess and determine this value.
INTERNATIONAL PROTECTION GROUP PTE LTD.
#27-01 Prudential Tower,
30 Cecil Street,
Singapore, 048623
