Fire & Special PerilsFire & Special Perils

Standard Fire & Special Perils
Insurance Policy

  • Introduction
  • What’s covered ?
  • What’s Not covered?
  • Why Choose HDFC ERGO?

Standard Fire and Special Perils Insurance Policy

We understand how you’ve put a lot of time, hard work and considerable money into building up your business. We also understand your needs when misfortune strikes when you least expect it. Almost anything can happen at any time – a short circuit can reduce your assets to ashes, a burst pipe can flood your premises, a riot or act of terrorism can wipe away years of effort.

To help you protect your business against such uncertainties, HDFC ERGO provides one of the best Fire & Allied Perils products in the industry. We take pride in providing you with our comprehensive protection backed by sound financial capability.

This policy is Ideal for SME’s and Corporate alike, those who need coverage for their business against uncontrollable situations that can devastate property and businesses.

 

What’s Covered?

cov-acc

The policy protects you from financial loss as a result of “named perils”. Standard perils covered are: Read More...

What's Not Covered?

cov-acc

Willful acts or gross negligence

cov-acc

Forest Fire, War and Nuclear group of perils

cov-acc

Destruction/Damage by own fermentation, natural heating or spontaneous combustion, Explosion/Implosion damage to Boilers, damage caused by centrifugal forces

cov-acc

Unspecified precious stones, cheques, currency, documents, etc. unless specifically declared

cov-acc

Consequential Losses, Theft during/after operation of peril

cov-acc

Terrorism

Sum Insured

We recommend that your assets be insured on a replacement / reinstatement cost basis to get full protection following a loss.

Premium

The premium will depend on the type of occupancy, cover opted, claims experience, fire protection appliances and deductible opted under the policy

Excess

The policy is subject to a compulsory deductible and will depend upon the sum insured.

Extensions

 
  • Earthquake (fire and shock)
  • Spontaneous combustion
  • Deterioration of stocks in cold storage
  • Impact damage due to own vehicles
  • Omission to insure additions
  • Fees of architect, surveyor & consulting engineer in excess of 3% of claim amount
  • Debris removal in excess of 1% of claim amount
  • Terrorism
  • Appraisement Clause
  • Breakage Of Fixed Glass And Outdoor Signs
  • Civil Authorities Clause/Acts of Civil Authorities
  • Immediate Repair Clause
  • Sue And Labour Clause
  • Brands & Trademarks Clause/ Brands & Labels Clause (also loss of damaged goods)
  • On Account of Payment Clause
  • 72 Hours Clause
  • Electrical clause/ Electrical Installation/Electrical Injury/Electrical Breakdown Clause
  • Automatic Extension Clause
  • Obsolete Parts Clause
  • Cost of clearing Drains Clause
  • Broad Water Damage Clause
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.
Why HDFC ERGO?

All the support you need 24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.
Why HDFC ERGO?

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.
Why HDFC ERGO?

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.
Why HDFC ERGO?

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY: 18-19.
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.

All the support you need-24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY:18-19.
Awards & Recognition
x