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Introduction
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All types of property are susceptible to damage by fire,
even buildings constructed of stone or reinforced concrete
may have severe damages or may collapse as a result of fire.
Therefore, every one who owns or responsible for any
property must consider fire insurance. |
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Property that can be insured:
Buildings
Furniture & office
equipment
Goods owned by
insurance or under his custody
Machinery
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* Period of insurance: 12 months |
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Standard fire cover:
Loss or damage to property resulting
from
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1)Fire. |
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2)Lightning. |
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3)Explosion of gas or boiler used for domestic
purposes. |
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Extension of cover:
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Upon request of the insured and subject to an additional
premium, the standard cover could be extended to include the
following allied perils:
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1)Earthquake. |
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2)Explosion. |
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3)Impact by road vehicle. |
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4)Falling of civil aircraft or any parts of them. |
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5) Strike, riot and malicious damage following them. |
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6)Storm, tempest & flood. |
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7) Bursting of pipes and overflowing of water tanks. |
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8)Burglary by forcible Exit/Entry. |
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