Fire Insurance and Special Perils

Providing the best insurance policy to customers.

Fire Insurance and Special Perils

It is mandatory to protect your business assets, especially from the fire and related perils. Even if a small part is lost, it could lead to a great loss considering the competitive environment. The fire insurance can help you under such circumstances to provide financial support to the loss. The fire insurance policy in Kenya is a contract between the insured individual and the insurance company to indemnify the policyholder for the financial losses suffered due to the damage caused by the fire.

The fire insurance provides coverage for your property, industrial, and manufacturing risks. There are several fire insurance covers that meet your requirements. It includes coverage for the storage risks, offices, dwelling places, hotels, restaurants, shops, shopping malls, tanks & gas holders, etc. There is a wide range of add-on covers, attractive discounts, and customized coverage as well.

This fire insurance policy contains an ‘average clause’ that the amount of indemnity is calculated based on the value of the property insured. If the policyholder has taken the policy which is comparatively less than the insured amount, then the insurer will pay only such a proportion of the actual loss.

Key Benefits of Fire Insurance

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