What does Fire Insurance Policy mean? Read on to discover the definition & meaning of the term Fire Insurance Policy - to help you better understand the language used in insurance policies.
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.
We hope the you have a better understanding of the meaning of Fire Insurance Policy.