fire insurance policy definition

fire insurance policy

Standard fire policy that usually covers fire due to any cause, subject to some exceptions which too may be covered with additional premium. These policies may be extended further (by paying additional premium) to include collateral damages or losses such as loss of income.

fire insurance policy is in the General, Marine, & Life Insurance subject.

fire insurance policy appears in the definitions of the following terms: business interruption insurance, fire and allied perils, expediting expenses, accounts receivable insurance and additional perils

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