Monday, December 7, 2009

Fire Insurance

 

fire

General Scope of Cover of Fire Insurance:

- Fire

- Lightning (with or without fire)

- Property damaged in the act of putting out the Fire (Proximate Cause)

 

Underwriting considerations:

- Construction of the Building, storage arrangements

- Geographic location

- Description and Occupation of property

- Loss history

- Sum to be Insured

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