{"id":562,"date":"2021-04-15T14:53:39","date_gmt":"2021-04-15T06:23:39","guid":{"rendered":"https:\/\/sterling-insurance.com.ph\/sici\/?page_id=562"},"modified":"2021-04-19T14:09:24","modified_gmt":"2021-04-19T05:39:24","slug":"fire-2","status":"publish","type":"page","link":"https:\/\/sterling-insurance.com.ph\/sici\/fire-2\/","title":{"rendered":"Fire and Allied Perils"},"content":{"rendered":"\n

What is a Standard Fire Insurance?<\/h2>\n\n\n\n

It is a service rendered by the Insurance Company whereby an insured is protected against \u201cdirect loss by fire, lightning and by Explosion of gas used for domestic purposes\u201d.<\/p>\n\n\n\n

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Three Basic Cover of Fire Insurance<\/h2>\n\n\n\n
  1. Fire –<\/strong> Under the fire definition contemplated in the fire policy, combustion must proceed fast enough as to produce a flame. In other words, there can be no \u201cfire\u201d until actual ignition or burning takes place regardless of the amount of heat involved.<\/li>
  2. Lightning –<\/strong> The Second major peril that the fire insurance policy insures against;
    – It is the discharge of atmospheric electricity
    – It is a natural occurrence
    There need not be any evidence of fire for damages caused by above to be compensable.<\/li>
  3. Explosion of gas used for domestic purposes –<\/strong> Covers loss or damage caused by explosion of gas used for illumination or domestic purposes in a building not forming part of any gas works.<\/li><\/ol>\n\n\n\n
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    Request A Quote<\/h3>\n\n\n\n
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