Tuesday, May 22nd, 2012

Fire Insurance

November 14, 2009 by  
Filed under Fire Insurance

Fire Insurance

A fire insurance policy involves an insurance company agreeing to pay a certain amount equivalent to the estimated loss caused by fire to the insured, within the time specified in the contract. The indemnity is subject to change depending upon the policy. One should confirm with the insurer about the types of risks covered, since one cannot insure the property against all types of risks of fire.

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