Fire and Special Perils Insurance covers against accidental physical loss caused by the insured risks to the insured property, including:
- House, building structures and attached equipment
- Machineries and equipment
- Stocks, materials and other properties
The insured could request for insured risks as follows:
- Fire, lightning and explosion (A)
- Explosion (B)
- Aircraft and other aerial devices dropped wherefrom (C)
- Riot, strike and locked-out workers (D)
- Malicious damage (E)
- Earthquake or volcanic eruption (F)
- Storm, tempest (G)
- Storm, tempest and flood (H)
- Escape of water from any tank, apparatus or pipe (I)
- Damage by any road vehicle or animal (J)