Fire Insurance for School

Fire Insurance for School: Inclusions

The fire insurance plan provides coverage for the following perils:

• Fire: Any kind of loss caused due to a fire accident.
• Aircraft: If the aircraft crashes on the school building.
• Explosion: Damage caused due to explosion.
• Natural calamity: Damage caused by cyclones, typhoons, etc. is covered.
• Lightning: In case of lightning and if it cracks the building is also covered.
• Water tank overflow: if the water tank overflows and damages the content inside the school building or the building structure from the inside.
• Landslide: If the school is built in a hilly area and a landslide at a particular hill causes any damage then it will be covered.

Fire Insurance for School: Exclusions

The insurance plan does not provide coverage for the following perils:

• Loss or damage caused due to war or war-like situations
• Loss or damage caused due to willful negligence
• Loss caused due to terrorist attack.
• Loss or damage caused due to pollution or contamination
• In case any content of property goes missing
• Consequential loss of any kind.
• Any kind of loss caused to the policyholder in the share market as well as loss of earnings

Fire Insurance for School: Claim Process

Follow the steps given below to raise a claim under this insurance policy:

• Inform the insurer as soon as any specified peril takes place.
• Ask for the claim form and fill it
• Provide detailed information on how the damage took place.
• Give the insurer an estimated amount of loss sustained by you.
• The insurer will send a surveyor to the damaged site.
• Assist the surveyor during the inspection
• Once the surveyor is done and gives a green signal to the insurer, the insurer will begin the claim settlement process.

Fire Insurance for School: Documents Required

Keep the following documents handy while raising the claim:

• Policy copy
• Passport size photo
• Newspaper cutting of the published fire accident news
• Fire Brigade report on damage
• Record of the previous claim raised
• FIR, if any

Fire Insurance for School: FAQs