The

r i s k c ove re d by a f i re i n s u ra n c e i s t h e
l o s s re s u l t i n g f ro m f i re o r a l l i e d p e r i l
( s o m e o t h e r c a u s e ) , a n d wh i c h i s t h e
p rox i m a t e c a u s e o f t h e l o s s .

Actual

l o s s by F i re o r a l l i e d p e r i l a n d
should be accidental and non intentional.

O ve r h e a t i n g

without
ignition
causes
d a m a ge, a re n o t b e re ga rd e d a s a f i re
l o s s w i t h i n t h e m e a n i n g o f f i re i n s u ra n c e.

 C ove r s

L o s s d u e t o F i re, L i g h t e n i n g,
E x p l o s i o n , I m p l o s i o n , , R i o t s & S t r i ke s ,
I m p a c t B y R a i l , A i rc ra f t D a m a ge, E a r t h
Q u a ke, F l o o d , S t o r m , Te m p e s t , To r n a d o,
Typhoon, Cyclones & Land Slide etc
D o e s n o t c ove r L o s s D u e t o f i r e c a u s e b y E a r t h q u a ke , A t t a c k o f f o re i g n e n e m y, C iv i l s t r i f e
( w a r ) , M u t i ny ( P u b. V s G ov t . ) o r M i l i t a r y r i s i n g,
o r L o s s c a u s e d by b u r n i n g o f p ro p e r t y by o rd e r
o f a ny p u b l i c a u t h o r i t y o r a t t a c k o f f o re i g n
e n e m y, o r L o s s c a u s e d by s u b t e r ra n e a n

( U n d e rg ro u n d ) f i re

 Destruction

o r d a m a ge t o t h e p ro p e r t y
i n s u re d by i t s ow n f e r m e n t a t i o n , n a t u ra l
heating or spontaneous combustion or its
u n d e rgo i n g a ny h e a t i n g o r d r y i n g p ro c e s s
c a n n o t b e t re a t e d a s d a m a ge d u e t o f i re.
Fo r e. g. , p a i n t s o r c h e m i c a l s i n a f a c t o r y
u n d e rgo i n g
heat
t re a t m e n t
and
c o n s e q u e n t ly d a m a ge d by f i re i s n o t
c ove re d . F u r t h e r, bu r n i n g o f p ro p e r t y
i n s u re d by o rd e r o f a ny P u bl i c A u t h o r i t y
i s e x c l u d e d f ro m t h e s c o p e o f c ove r

 F i re

in Chemical
plant due to
f a i l u re o f s a f e t y
system

 Lightning

m ay re s u l t i n f i re d a m a ge o r
o t h e r t y p e s o f d a m a ge, s u c h a s a ro o f
b ro ke n by a f a l l i n g c h i m n ey s t r u c k by
l i g h t n i n g o r c ra c k s i n a b u i l d i n g d u e t o a
l i g h t n i n g s t r i ke. B o t h f i re a n d o t h e r t y p e s
o f d a m a ge s c a u s e d by l i g h t n i n g a re
c ove re d
by
the
p o l i c y.

 F i re

in the tanks
o f hy d ro c a r b o n
s t o ra ge t a n k f a r m
due to lightening

 Explosion

is defined as a sudden, violent

b u r s t w i t h a l o u d re p o r t .
A n e x p l o s i o n i s c a u s e d i n s i d e a ve s s e l
wh e n t h e p re s s u re w i t h i n t h e ve s s e l
e x c e e d s t h e a t m o s p h e r i c p re s s u re a c t i n g
e x t e r n a l ly o n i t s s u r f a c e. A n e x p l o s i o n
m ay c a u s e f i re d a m a ge o r c o n c u s s i o n
d a m a ge. T h e s e a re n o t c ove re d u n d e r
S F S P.

 Sudden

re l e a s e
o f e n e rgy d u e t o
e x p a n d i n g p re s s u re o f ga s e s a n d va p o r s
cause explosion, While a chemical
e x p l o s i o n i nvo l ve s a v i o l e n t c h e m i c a l
re a c t i o n , a p hy s i c a l
explosion is
c h a ra c t e r i s e d
by
sudden
p re s s u re
e q u i l i s a t i o n b e t we e n a c o n t a i n e r a n d i t s
s u r ro u n d i n g,
without
i nvo l v i n g
a
c h e m i c a l re a c t i o n .

O i l f i re d F i re T u b e
b o i l e r i n b rewe r y
Deformation
&
c ra c k i n g o f f i re t u b e
as
a
re s u l t
of
ove r h e a t i n g
The
b o i l e r d a m a ge d
as
a
re s u l t
of
continued firing on
l ow w a t e r l eve l
D o e s i t c ove r u n d e r
SFSP or BPP or MBIP?

U n f i re d
p re s s u r i s e d
steam accumulator
Deformation
&
c ra c k i n g o f f i re t u b e
as
a
re s u l t
of
ove r h e a t i n g
T h e ve s s e l c o n t a i n i n g
Wa t e r s t e a m
and
Gases exploded
Ve s s e l
torn
f ro m
anchor
p a r t s t h row n
f a r aw ay
D o e s i t c ove r u n d e r
SFSP or BPP or MBIP?

Je t dye i n g m a c h i n e i n
p ro c e s s
D u e t o v a l ve f a i l u re
steam
p re s s u re
i n c re a s e re s u l t i n g i n
e x p l o d i n g ve s s e l a n d
s t r u c t u re re s u l t i n g t o
a d j o i n i n g p ro p e r t y
W h i c h o f l o s s e s a re
c ove re d u n d e r wh i c h
of
these-SFSP/
BPP/MBIP?

 Impl os ion

m ea ns bu rs ting inwa rd or
colla ps e. T hi s ta kes pla ce whe n the
exter n a l press u re exceeds the in ter na l
pres s ure. T hi s policy, however, do es not
cover des tr u ctio n or da mage ca us ed to
the
b oilers
( oth er
th a n
dom es ti c
boil ers ) , eco n omis er s or ot he r ve s s els
in wh ich s tea m is gen era ted a nd
ma chi n er y o r a ppa ra tu s s u bject to
ce ntr if u ga l f orce by its ow n explos ion/
implos ion.

H e a t s t o ra g e ve s s e l
Imploded during the
o p e ra t i o n
when
it
was
fully
loaded,
due
to
f a i l u re
in
o p e ra t i n g p a ra m e t e r,
while
exchange
of
closing
v a l ve .
Substantial amount of
water run out causing
the implosion of the
ve s s e l by n e g a t i ve
p re s s u re .

 Due

t o va c u u m i n
cooling
t owe r
c h i m n ey
implosion
re s u l t e d c a u s i n g
collapse

 T he

loss or damage to the proper ty

(by f ire or otherwise) directly caused
by aircraft and other aer ial devices
and/ or ar ticles dropped there from
is covered. However, destr uction or
damage
resulting
from
pressure
waves caused by aircraft travelling at
supersonic speed is excluded from
the scope of the policy

 Air

c ra f t d a s h e d t o
t owe r re s u l t e d t o
f i re a n d c o l l a p s e o f
part of building

The act of any person taking part along with others in

any disturbance of public peace (other than war,
invasion, mutiny, civil commotion etc.) is construed to
be a riot, strike or a terrorist activity.
Any loss or physical damage to the property insured
directly caused by such activity or by the action of
any lawful authorities in suppressing such
disturbance or minimising its consequences is
covered.

 Further

the willful act of any striker or locked

out worker, in connection with a strike or a
lock out, or the action of any lawful authority
in suppressing such act, resulting in visible
physical damage by external means, is also
covered.

 Malicious

act would mean an act with

malicious intent but excluding omission of
any kind by any person, resulting in visible
physical damage to the insured property,
whether or not the act is committed in the
course of disturbance of public peace or not.
Burglary, housebreaking, theft or larceny
does not constitute a malicious act for the
purpose of this cover.

 Total

or partial cessation of work or the

retarding or interruption or cessation of any
process
or
operations; or, permanent
dispossession resulting from confiscation,
commandeering, requisition or destruction by
order of the Government or any lawfully
constituted authority; or permanent or
temporary dispossession of any building or
plant or unit or machinery resulting from the
unlawful occupation by any person of the same
or prevention of access to the same, are not
covered

 Storm, Cyclone, Typhoon, Tempest, Tornado

and
Hurricane are all various types of violent natural
disturbances that are accompanied by thunder
or strong winds or heavy rainfall. Flood or
Inundation occurs when the water rises to an
abnormal level. Flood or inundation should not
only be understood in the common sense of the
terms, i.e., flood in river or lakes, but also
accumulation of water due to choked drains
would be deemed to be flood

WIND STORM

Empty tank collapsed

due to heavy wind

EMPTY TANK AT TANK FARM

 Impact

by any Rail/ Road vehicle or animal

by direct contact with the insured property is
covered. However, such vehicles or animals
should not belong to or owned by the
insured or any occupier of the premises or
their employees while acting in the course of
their employment

Destruction or damage caused by Subsidence of part

of the site on which the property stands or Landslide/
Rockslide is covered. While Subsidence means
sinking of land or building to a lower level, Landslide
means sliding down of land usually on a hill.
However, normal cracking, settlement or bedding
down of new structures; settlement or movement of
made up ground; coastal or river erosion; defective
design or workmanship or use of defective materials;
and demolition, construction, structural alterations or
repair of any property or ground-works or
excavations, are not covered

LAND SLIDE

Due to heavy rain wash out

of land and tunnel plate
lead to structure damage

TUNNEL INSTALLATIONS

 Loss

or damage to property by water or

otherwise on account of bursting or
accidental overflowing of water tanks,
apparatus and pipes is covered

 Destruction

or damage due to impact or

otherwise from trajectory/ projectiles in
connection with missile testing operations by
the Insured or anyone else, is covered

 Damage

caused by water accidentally

discharged or leaked out from automatic
sprinkler installations in the insured's
premises is covered. However, such
destruction or damage caused by repairs or
alterations to the buildings or premises;
repairs removal or extension of the sprinkler
installation; and defects in construction
known to the insured, are not covered

 This

covers damage caused by burning,

whether accidental or otherwise, of bush and
jungles and the clearing of lands by fire, but
excluding destruction or damage caused by
Forest Fire

END OF SESSION
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