This type of policy provides coverage against damages caused by fire, lightning, and explosion. It typically covers the cost of repairing or replacing the damaged property up to the sum insured. Basic fire insurance policies are essential for homeowners and business owners to protect their assets from fire-related risks.

Comprehensive fire insurance offers broader coverage compared to basic insurance. In addition to fire, lightning, and explosion, it may also cover additional perils such as earthquake, flood, storm, riot, malicious damage, and impact damage (e.g., from falling trees or vehicles). This type of policy provides more extensive protection against various risks that could damage your property.

Industrial All Risk insurance is a specialized type of fire insurance designed for larger industrial or commercial properties. It provides comprehensive coverage for a wide range of perils, including fire, explosion, machinery breakdown, burglary, theft, and more. IAR policies can be tailored to the specific needs of businesses operating in high-risk environments, offering a comprehensive safety net against various potential losses.