What is Fire & Allied Perils Insurance?
A Standard Fire and Special Perils (SFSP) policy is the foundation of business asset protection. It safeguards your company's physical assets—including buildings, plant and machinery, inventory, and office equipment—against unforeseen physical destruction or damage.
Beyond just fire, a comprehensive policy covers a wide range of natural and man-made disasters, ensuring that a catastrophic event doesn't mean the end of your business operations.
Key Coverage Features
Fire & Explosion
Complete financial protection against damage caused by fire, lightning, implosion, and explosion.
Natural Perils
Coverage against storms, cyclones, typhoons, tempests, hurricanes, tornados, floods, and inundation (STFI).
Man-Made Risks
Protection against riots, strikes, malicious damage (RSMD), and terrorism (available as an add-on).
Business Interruption
Optional cover for the loss of gross profit and fixed expenses during the downtime caused by an insured peril.
The Zenisk Advisory Advantage
The biggest mistake businesses make in Fire Insurance is under-insurance, leading to severe penalties during a claim. Our risk engineers help you accurately calculate Reinstatement Value versus Market Value, ensuring that if disaster strikes, your payout is sufficient to rebuild your business completely.
Consult a Risk Expert