Fire Insurance


      Fire & Allied Perils Insurance

A fair number of allied perils (additional risks) can be insured against on optional basis in conjunction with fire insurance on payment of additional premium. A few of these perils are set forth below:

(a) Cyclone
(b) Flood
(c) Earthquake
(d) Riot & Strike
(e) Malicious Act
(f) Riot Fire
(g) Explosion
(h) Electrical Hazards
(i) Landslide
(j) Aircraft Damage
(k) Impact (by road vehicles, horses or cattle)

      Consequential Loss Insurance

This cover indemnifies the insured for such loss as net profit & standing charges arising out of business interruption due to any material damages caused by the perils covered under the fire policy.

    Industrial All Risks Insurance

This insurance is taken out by the industrialists for their properties worth not less than Tk. 50 crore. The policy provides comprehensive cover in respect of loss or damage to the properties against any risk not specifically excluded thereby.


     Hotel Owner’s All Risks Insurance

This cover is particularly designed to meet the insurance needs of a hotel owner. The policy provides protection mainly against material damage due to fire and allied perils, business interruption following material damage, loss or damage to plate glass, boiler & machinery and business interruption following machinery breakdown.

      Householder’s Comprehensive Insurance

This insurance is specially intended for homeowners. The coverage is available on building, jewellery, domestic appliance, plate glass, television set, pedal cycle, baggage, members of the family and domestic employees.