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Fire & Burglary Insurance

Fire and Burglary Insurance is a type of insurance product that protects your property against any damage due to an outbreak of fire or burglary. This type of insurance plan ensures extra protection for your home, office, factory, and other property.

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Fire & Burglary Insurance

What is Fire & Burglary Insurance?

There are a number of insurance companies that provide protection for both fire and burglary under one insurance plan. Fire and Burglary Insurance is thus a comprehensive type of insurance plan that ensures safety if your property is damaged due to fire explosions or even burglary. For instance, if there is any event of theft due to forced entry into your building, housebreaking to your property, or any third-party, then the necessary coverage will be provided under the Fire and Burglary Insurance.
Benefits of Fire & Burglary Insurance
No matter how big or small or big your business is, you should always protect it against potential damages. Some of the reasons why you should buy Fire and Burglary Insurance are as follows:
  • You may be having immense savings, but when there is a sudden outbreak of fire or housebreaking, all of these accumulated savings are sure to drain out. However, with Fire and Burglary Insurance, you can ensure financial protection for your independent shop, apartment, or business space against potential damages. Be it a third-party who faces injury due to such events or any kind of damage to the property is covered under Fire and Burglary Insurance.
  • Times are such that we can never leave our homes alone, keeping in mind the chances of burglary. Every now and then, there are news and reports stating about theft, housebreaking, and more. Such events put your property at immense risk and your safety gets affected. But, with Fire and Burglary Insurance, you can ensure complete protection if there is a forced entry into your house or business property. With this product, you can also include additional add-ons to protect your valuables like jewelleries, property papers, and more.
  • Under a fire insurance plan, you can ensure protection against fire, lightning, explosion, etc. Any consequential loss due to the same is also covered under this type of insurance plan. With fire insurance, you will get protection for all the machinery and equipment in your office premises, thus ensuring a complete protection.
  • Fire and Burglary Insurance also ensures peace of mind. This is solely because when you know that your property is protected against both fire outbreaks and forced burglary, then you can stay stress-free.
  • In addition to those stated above, Fire and Burglary Insurance also ensures protection against natural calamity, bursting or water tanks, or explosions.

Frequently Asked Question

  • 1

    Who can buy Fire and Burglary Insurance?

    Any individual who owns a property or wants to secure their business property must buy Fire and Burglary Insurance.

  • 2

    What are the factors that I need to consider while buying Fire and Burglary Insurance?

    Some of the factors that you need to consider while buying Fire and Burglary Insurance are the sum insured, claim settlement ratio, insurance company, and more.

  • 3

    What are the three types of Fire Insurance?

    The three main types of Fire Insurance are Sookshma Udyam Suraksha, Laghu Udyam Suraksha, and Standard Fire Special Peril.

  • 4

    Is damage due to short-circuit covered under Fire and Burglary Insurance?

    No, damage due to short-circuit is not covered under Fire and Burglary Insurance.

  • 5

    Is it possible to increase the coverage of Fire and Burglary Insurance?

    Yes, by including add-ons, you can increase the coverage of Fire and Burglary Insurance.