Fire Insurance

Fire Insurance

Property insurance is required by owners of buildings, machinery, plants, stocks and contents. It is also availed by other persons legally interested in the property of residential houses, commercial and industrial projects, other constructions, products and goods exposed to fire risk. SGI standard Fire Policy with additional perils is catering to the needs of customers.

Coverage Available.

Loss or damage due to:-

Fire & Lightning ,Strike Riot and Civil Commotion, Malicious Damage, Explosion, Aircraft Damage, Impact Damage, Earthquake (Fire & Shock), Volcanic eruption, Atmospheric Disturbance, Rain, Hail, Snow, Hurricane, Cyclone, Tornado/Typhone, Flood or other convulsion of nature subsidence, land slide and rockslide damage. Burglary/Theft.

The Fire & Lightning are Perils of standard Fire Policy. Other perils are added suitable to the requirements of the proposers/ parties interested in the cover.

Standard Fire Perils.

  • Fire
  • Lightning & Allied Perils

  • Riot & Strike
  • Riot Fire
  • Malicious Damage
  • Earthquake (Fire & Shock)
  • Atmospheric Disturbance
  • Aircraft Damage
  • Impact Damage
  • Explosion


Fire policy is endorsed to cover loss or damage due to burglary / theft

Electrical Clauses

  • Electrical Clause (A)
  • Electrical Clause (B)

The clauses are appropriate where loss or damage to electrical machines, apparatus etc is desired to be excluded or covered as provided in the clauses.

Business Interruption Insurance (BI)

It is also known as Consequential Loss or Loss of Profit Insurance. Cover is available for (BI) due to Fire & Allied perils insured by the policy.

Please click the Allied Perils listed at 1 to 8 above to acquaint with the details of Cover, Special Conditions & Exclusions etc.