Accidents are out of expectation. There is a common saying that “A spark can burn up a piece of grassland”. Do you worry about the loss of household property caused by an unexpected fire? In case a fire happens, it will make you panic, helpless and out of budget. Preparation today can certainly bring you and your family a sense of security.
Fire insurance coverage:
(a) Accidental fire in your own place;
(b) Fire spread from your neighbor or water stains and smoke stains caused during fire extinguishment;
(c) Damages caused by thunder and lightning; explosion of kitchen appliances or gas fuel;
(d) Other inevitable losses caused by firemen during fire extinguishment
Extra protection can be selected covering losses caused by the following accidents with an extra premium:
(a) Crack of water pipe or overflow of water tank;
(c) Leakage of sprinkler;
(d) Dropping of flying objects;
(g) Collision of vehicles;
(h) Intentional damages caused by strikes and riots
(i) Forest fires and landslide
Properties covered by the insurance policies:
Residential buildings: buildings, decorations and furniture, household items, suitcases and personal belongings (except jewelry), electric appliances etc.; Offices /Shops: buildings, tools for operation and business, decorations and furniture etc.; Manufactory Plants: buildings, commodities/inventories, raw materials, finished and semi-finished goods, machinery and parts (including motors and tools, etc.)
Items not covered:
Including : jewelry, antique or artwork, manuscripts, drawings, documentation, data of computer system, stocks, securities, bonds, stamps, account books, cheques and cash, etc.
Remarks: Only the owner, co-owner, custodian, creditor or any stakeholders of the above-mentioned assets are eligible to get these assets insured from an insurance service provider; others cannot do so should they have no legitimate insurance right nor interests.