Fire and
Special Perils Plan
Offers financial indemnity for losses as a result of Fire, Lightening, earthquake, tornado, bushfire, tempest, impact, flood, subterranean fire, and explosion. etc...
Features
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- Guarantees indemnity in the event of financial losses as a result of voyage mishap like sinking or stranding of carrying vessel, piracy, water damage to goods, jettison etc.
- Coverage is for freight & cost of goods plus handling charges
- Cover can be granted from the point of shipment/ loading to the insured’s final warehouse/point of discharge
Variants
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Fire & Special Perils Insurance: This insurance is taken for goods being conveyed trans boarder by sea or air.
Fire & Consequential Loss Insurance: This cover offers financial indemnity for losses or damage to Insured Vessels/crafts.
