This covers the Building(s), Plant, Machinery and Contents against physical damage or destruction caused by Fire & Special Perils such as Riot & Strike, Malicious damage, burst pipe, storm, tempest, flood tornado etc.

Contents may include furniture, office equipment, generators etc.

You are expected to value the building(s), plant, machinery and provide us with an inventory of the contents to be covered.

A standard fire policy provides insurance cover against the following perils:-

(a) Fire (limited cover)- limited by the exclusions stated in the policy.
(b) Lightning (unlimited cover)- lightning damage from any source, whether accompanied by rain or not is covered.
(c) Explosion (limited cover)- limited to the cover provided in the policy. For instance, explosions arising from gas used for commercial purposes e.g. oxy-acetylene gas used for welding and explosion arising from any gas works used for domestic purposes, lighting or heating the building is not covered.

It must be noted here that the standard fire policy covers the following losses which may be incidental to fire although there must be actual fire before cover can be allowed.

i. Property damaged by water or other extinguishing agents used in extinguishing the fire.
ii. Property that may be destroyed or blown up to prevent fire spread.
iii. Damage done by fire brigade in an attempt to extinguish or contain the fire.
iv. Damage to property occasioned by falling walls or part of a building in which fire occurrence has taken place.
v. Smoke damage if preceded by fire. No cover if there was no fire as defined in the policy e.g. malfunctions of lantern or gas lamps.
As can be deduced from scope of cover of the standard fire policy described above, the policy excludes all losses occasioned by perils outside those of fire, lightning and explosions, to the extent as given above.

However, with additional premium paid by the insured, some of the peril can be added through policy extension. See special perils endorsements in appendix A1.

The standard fire policy can be extended to cover four other groups of special perils: by payment of additional premium: -

(a) Perils of chemical nature: - e.g. explosion, spontaneous ignition or fermentation.
(b) Perils of nature:- e.g. earthquakes, bush fire, tempest, storm, flood, cyclone, typhoon e.t.c
(c) Social perils:- perils arising as a result of communal living e.g. riot, strike and civil commotion, malicious damages e.t.c. note that cover does not exist yet for war damage, rebellion or civil war damage.
(d) Miscellaneous perils: - e.g. sprinkler leakage, impact, aircraft damages, bursting or overflowing of water tanks, etc.