Fire and Special Perils Insurance

A fire and special perils policy is a type of insurance that guards the insured against unforeseen losses caused by things like fire, lightning, and explosion (domestic).

The following risks are also covered by the policy: destruction or damage brought on by aerial devices; riots, strikes, and civil disturbances; water tanks that burst or overflow; storms, floods, earthquakes, bushfires; malicious damage; vehicle impacts; and explosions.

The policy guarantees the protection of both floating assets, such as stocks, as well as permanent assets, such as buildings and their contents, from physical loss or damage from fire.