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.

Use this term in a sentence

Related Videos

Have a question about this term? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z