FIRE

INSURANCE AGAINST LOSS OR DAMAGE PROXIMATELY CAUSED BY FIRE AND LIGHTNING.

Fire Insurance Can Be Extended To Cover The Following:

Fire Insurance

Insurance against physical loss or damage proximately caused by fire and lightning to an insured property such as buildings, machinery and equipment, stocks in trade, goods in process, household fixtures, furniture, appliances, personal effects (excluding cash and jewelry) and other fixed properties.

Classification of building occupancy

Residential
Buildings/structures used primarily as dwelling units, townhouses, and condominiums.

Warehouse
Buildings/structures used as storage of goods or merchandise.

Industrial
Buildings/structures occupied mainly as workshops, factories and mills.

General
Buildings/structures used as schools, churches, offices, hospitals, cinemas, restaurants, department stores, shopping malls and the like.

Fire insurance can be extended to cover the following perils:

Earthquake Fire/Shock
Earthquake Fire insurance covers the Insured against direct loss or damage caused by fire following an earthquake. Earthquake Shock insurance, on the other hand, covers other direct loss or damage resulting from an earthquake.

Typhoon/Flood
Covers direct loss or damage to insured property caused by Typhoon and/or Flood. Typhoon shall be understood to mean as a typhoon or storm as recorded by the Weather Bureau. Flood shall be understood to mean as the entry of water into the insured premises due to the inundation of land not usually covered by water.

Vehicle Impact/Falling Aircraft
Covers direct loss or damage resulting from actual physical contact of an aircraft or a vehicle with the property insured, or with a building containing property insured. Falling aircraft shall include direct loss or damage due to falling or dropping objects from higher places but excluding glass parts of the property.

Explosion
Covers loss or damage to property directly caused by explosion -- excluding loss or damage to boilers, economizers, or other vessels, machinery or apparatus resulting from their explosion.

Smoke Damage
Covers loss or damage by smoke due to a sudden, unusual and faulty operation of any heating or cooking unit, only when such unit is connected to a chimney by a smoke pipe or by a vent, and while in or on the premises described in the policy, excluding however, smoke from fire places or industrial apparatus.

Riots/Strikes
Covers all direct losses or damages caused by malicious acts of a strike, lockout of workmen, etc. However, any loss or damage caused by foreign enemy, military or usurped power, war, civil war, rebellion, insurrection, invasion, hostilities (whether war be declared or not), civil commotion amounting to a popular rising and the like is not covered.

Malicious Damage
Covers loss or damage to the property insured directly caused by malicious act of any person.

Riot/Fire
Covers loss of damage by fire directly caused by the act of any person, in connection with a strike or lockout.

Other Forms of Coverage:

For Manufacturing and Commercial Operation
For Residential and Office Operations
For Condominium Buildings (Residential/Commercial)