Overview
Fire & allied perils insurance for factories, warehouses, offices, and shops — covers fire, lightning, explosion, riots, malicious damage, storm, flood, and earthquake.
Policies Offered
- Standard Fire & Special Perils Policy (SFSP)
- Industrial All Risk (IAR) for large units
- Bharat Sookshma Udyam Suraksha (for MSMEs < ₹5cr)
- Bharat Laghu Udyam Suraksha (₹5cr–₹50cr)
- Stock declaration policies (for warehouses)
- Business interruption (loss of profit) cover
Perils Covered
- Fire, lightning, explosion / implosion
- Riot, strike, malicious damage (RSMD)
- Storm, cyclone, flood, inundation
- Earthquake (add-on)
- Aircraft damage
- Bursting of water tanks
- Spontaneous combustion
Sum-Insured Basis
- Reinstatement Value (RIV) — recommended
- Market value basis
- Declaration / floater basis for stock
Why EXPORTAS
- Site survey & valuation guidance
- Accurate sum-insured calculation to avoid under-insurance
- Documentation & proposal completion
- Claim assistance with surveyors
- Annual review of cover