Fire Insurance in India
Fire insurance business in India is governed by the All India Fire Tariff that lays down the terms of coverage, the premium rates and the conditions of the fire policy. The fire insurance policy has been renamed as "Standard Fire and Special Perils Policy". The risks covered are as follows:
- Dwellings, offices, shops, hospitals:
- Industrial, manufacturing risks
- Utilities located outside industrial/manufacturing risks
- Machinery and accessories
- Storage risks outside the compound of industrial risks
- Tank farms/gas holders located outside the compound of industrial risks
Read more about this topic: Property Insurance
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“As I pursued my bodily functions, wanting
Neither fire nor water,
Vibrating to the distant pinch
And turning out the way I am, turning out to greet you.”
—John Ashbery (b. 1927)
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—John Dos Passos (1896–1970)
“There exists no politician in India daring enough to attempt to explain to the masses that cows can be eaten.”
—Indira Gandhi (1917–1984)