Fire Insurance And Personal Accident Insurance
When we speak of fire insurance, you can go for a comprehensive policy that not only includes fire damage but also related damages such as cover for loss caused due to lightning, storm, cyclone, typhoon, tempest, hurricane, tornado, flood and inundation, subsidence and landslide including rockslide, impact damage, explosion / implosion, bursting and/or overflowing of water tanks, apparatus and pipes, aircraft damage, riot, strike and malicious damage, missile testing operations, bush fire, leakage from automatic sprinkler installations. Go for a fire insurance that covers all aforesaid causes in one package. You thus get many times benefited against a single policy. If you pay some extra amount, you can add more coverage such as damage caused due to the effects of terrorism, earthquake fire and shock, spoilage material damage, spontaneous combustion, leakage and contamination, deterioration of stock in cold storage premises, molten metal spillage, and more. So, if you are all geared up to buy a fire insurance policy, get one that covers all aforesaid benefits.
When we speak of personal accident insurance, the segment may cover both corporates and individuals. Whatever the policy is related to personal accident insurance, it provides cover against accidental bodily injury, death or disablement. Do also consider whether medical expenses, cost of travel, air ambulance, modification of residence or vehicle, etc are covered or not in your personal accident insurance.