Fire and Allied Perils covers against damage or destruction caused by fire, lightning, or the explosion of domestic appliances.
The 12 Perils of Standard Fire Insurance Policy
- Perils of Fire
- Standard Fire Insurance against Lightning Insurance
- Explosion/Implosion
- Aircraft Damage
- Riot, Strike, Malicious Damage insurance
- Standard Fire insurance for Storm, Cyclone, Typhoon, and Flood
- Impact Damage
- Subsidence and Landslide including Rockslide
- Standard Bursting and/or overflowing of water tanks, Apparatus, and Pipes
- Missile testing operations insurance
- Leakage from Automatic Sprinkler Installations
- Bush Fire Insurance
Allied lines coverage is almost always taken out along with a standard fire insurance policy. Allied lines insurance can include coverage for such things as accounts receivable, data-processing equipment, water damage, and vandalism. You can use it to protect your home or business premises.