Fire can destroy
more than walls.
A fire at your business can affect much more than the building itself. Stock, machinery, equipment and other insured property may also be exposed to significant financial loss. Fire insurance is designed to help businesses manage specified property risks, subject to the policy terms, conditions, exclusions and limits.
Explore Fire Insurance ↓
Your business
may be built on
many assets.
A business can have money tied up in its premises, inventory, machinery, furniture, equipment and other physical assets. A major fire can therefore create a financial impact far beyond the visible damage.
A fire insurance policy can be structured around specified insured property and covered perils. The exact protection depends on the policy selected.
What could fire
put at risk?
Select an asset below to see why it can matter when assessing business fire insurance requirements.
Building
Business premises and specified property structures.
Stock
Inventory and goods stored at the insured location.
Machinery
Plant, machinery and equipment used in operations.
Contents
Furniture, fixtures and other specified business contents.
Business Premises
The building or premises may represent a significant part of the value exposed to a fire-related event. The exact property covered depends on the policy schedule.
The building is only one piece.
Stock & Inventory
Goods and inventory can represent substantial working capital for a business.
Plant & Machinery
Manufacturing and operational equipment may carry significant replacement costs.
Furniture & Fixtures
Business contents can also form part of the property exposure.
Other Property
Additional assets may be considered depending on the policy structure and schedule.
Fire is the headline.
The policy can go further.
Depending on the policy wording, Standard Fire and Special Perils insurance may respond to a range of specified perils in addition to fire. Always check the actual policy schedule and wording.
Fire
Loss or damage caused by covered fire events, subject to the policy conditions and exclusions.
Lightning
Lightning is among the specified perils under Standard Fire and Special Perils wording.
Natural Events
Specified events can include storm, cyclone, flood and inundation, subject to policy terms.
Explosion / Implosion
Specified explosion or implosion losses may be covered subject to applicable exclusions.
Impact Damage
Certain impact damage caused by specified external vehicles or animals may be covered.
Water-Related Perils
Specified bursting or overflowing of water tanks, apparatus and pipes may be covered.
Covered
doesn't mean
everything.
Policy exclusions matter.
Insurance responds only to covered causes of loss and property described in the policy. Exclusions and conditions can significantly affect a claim.
Not every type of fire-related loss is automatically covered.
Certain causes of damage, processes and circumstances may be excluded. The actual policy wording should always be checked before assuming a loss is covered.
Sum insured matters.
Choosing an inadequate sum insured can create a serious protection gap. The appropriate amount should reflect the value of the property and the basis of insurance.
Add-ons are not automatic.
Additional protections may be available depending on the product and insurer. They should be evaluated separately against the business risk.
How much would it
actually cost to rebuild?
That's the real question.
The sum insured should not be selected simply because it looks convenient. The appropriate amount depends on the property being insured, its value, the policy basis and the risks being considered. Underinsurance can leave a business with a financial gap after a major loss.
Questions worth
asking before you buy.
Protect what
keeps your business running.
A fire risk is not only about the flames. It's about the assets, capital and operations behind your business. Understand the exposure before choosing the cover.
Talk to Us on WhatsApp
Fire can destroy
more than walls.
A fire at your business can affect much more than the building itself. Stock, machinery, equipment and other insured property may also be exposed to significant financial loss. Fire insurance is designed to help businesses manage specified property risks, subject to the policy terms, conditions, exclusions and limits.
Explore Fire Insurance ↓
Your business
may be built on
many assets.
A business can have money tied up in its premises, inventory, machinery, furniture, equipment and other physical assets. A major fire can therefore create a financial impact far beyond the visible damage.
A fire insurance policy can be structured around specified insured property and covered perils. The exact protection depends on the policy selected.
What could fire
put at risk?
Select an asset below to see why it can matter when assessing business fire insurance requirements.
Building
Business premises and specified property structures.
Stock
Inventory and goods stored at the insured location.
Machinery
Plant, machinery and equipment used in operations.
Contents
Furniture, fixtures and other specified business contents.
Business Premises
The building or premises may represent a significant part of the value exposed to a fire-related event. The exact property covered depends on the policy schedule.
The building is only one piece.
Stock & Inventory
Goods and inventory can represent substantial working capital for a business.
Plant & Machinery
Manufacturing and operational equipment may carry significant replacement costs.
Furniture & Fixtures
Business contents can also form part of the property exposure.
Other Property
Additional assets may be considered depending on the policy structure and schedule.
Fire is the headline.
The policy can go further.
Depending on the policy wording, Standard Fire and Special Perils insurance may respond to a range of specified perils in addition to fire. Always check the actual policy schedule and wording.
Fire
Loss or damage caused by covered fire events, subject to the policy conditions and exclusions.
Lightning
Lightning is among the specified perils under Standard Fire and Special Perils wording.
Natural Events
Specified events can include storm, cyclone, flood and inundation, subject to policy terms.
Explosion / Implosion
Specified explosion or implosion losses may be covered subject to applicable exclusions.
Impact Damage
Certain impact damage caused by specified external vehicles or animals may be covered.
Water-Related Perils
Specified bursting or overflowing of water tanks, apparatus and pipes may be covered.
Covered
doesn't mean
everything.
Policy exclusions matter.
Insurance responds only to covered causes of loss and property described in the policy. Exclusions and conditions can significantly affect a claim.
Not every type of fire-related loss is automatically covered.
Certain causes of damage, processes and circumstances may be excluded. The actual policy wording should always be checked before assuming a loss is covered.
Sum insured matters.
Choosing an inadequate sum insured can create a serious protection gap. The appropriate amount should reflect the value of the property and the basis of insurance.
Add-ons are not automatic.
Additional protections may be available depending on the product and insurer. They should be evaluated separately against the business risk.
How much would it
actually cost to rebuild?
That's the real question.
The sum insured should not be selected simply because it looks convenient. The appropriate amount depends on the property being insured, its value, the policy basis and the risks being considered. Underinsurance can leave a business with a financial gap after a major loss.
Questions worth
asking before you buy.
Protect what
keeps your business running.
A fire risk is not only about the flames. It's about the assets, capital and operations behind your business. Understand the exposure before choosing the cover.
Talk to Us on WhatsApp