This Insurance is a tariff class of business with rates, commissions, policy wordings and extension endorsements controlled by PIAM. Effective Date of Revised Fire Tariff: July 2000

Scope of Cover
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The basis policy provides cover to the insured in the event of loss or damage to the insured property caused by: –

1) Fire
2) Lightning
3) Explosion of gas used for domestic purposes

Standard Settlement
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Losses are settled on the basis of market value i.e. making deductions for depreciations,
wear and tear etc,

Basis of Rating
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The premium calculation is based on the following factors: –

1) Construction of Building (Class 1A, 1B, 2 & 3)
2) Occupation
3) Sum Insured

Standard Fire Policy
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Losses are settled on the basis of market value i.e. making deductions for depreciations, wear and tear etc,

Perils/Extensions available (subject to additional premium)

1) Riot Strike and Malicious Damage
-Residential Properties
-Other than residential properties

2) Earthquake and Volcanic Eruption

3) Storm Tempest

4) Flood

5) Explosions
-Industrial without boilers
-Industrial with boilers
-Non-Industrial without boilers
-Non-Industrial with boilers

6) Aircraft Damage

7) Impact Damage
-Excluding insured’s own vehicles
-Including insured’s own vehicles

8) Bursting or Overflowing of Water Tanks Apparatus or Pipes :
-Building exceeding 5 storey (including Mezzanine)
-Others

9) Bush/Lalang Fire

10) Spontaneous Combustion
-by fire only
-full cover

11) Electrical Installations Clause (B)

12) Subsidence & Landslip

13) Damage by falling trees or branches and objects therefrom. And objects therefrom