General Conditions Of Fire Insurance

General Conditions Of Fire Insurance

Fire Insurance Policy compensates the losses incurred by the assets of an individual or a business (house, building, factory, facility, household goods, fixed assets, goods, machinery and installations) as a result of the risks detailed below. The main coverages are fire, lightning, explosion and the steam, heat and smoke caused by these dangers, and in addition to these, it covers against earthquake, flood and inundation, internal water, storm, landslide, vehicle collision, snow weight, terror, strike, lockout, malicious acts, theft, glass breakage, fire explosion financial liability risks. Financial losses (reduction in turnover, increase in fixed expenses and costs, etc.) arising from the decrease in the production capacity of the business and / or the cessation of work as a result of the risks defined in the fire policies can be covered with Fire-Related Profit Loss Insurance Additional Coverage.