Fire & perils or industrial special risks

What does fire & extraneous perils insurance cover?

HIA Insurance Services' fire & extraneous perils insurance covers loss, destruction, damage and/or consequential loss caused from the following perils.

Insured perils -

• Fire
• Lightning, thunderbolt or meteorite
• Explosion or implosion
• Impact by vehicles etc
• Earthquake, subterranean fire or volcanic eruption
• Aircraft
• Riots, strikes and malicious damage
• Smoke
• Storm and/or tempest and/or rainwater
• Water or any substance discharged or overflowing

Accidental breakage of glass

• Glass means all internal and external glass, illuminated signs, wash basins, sinks, toilet bowls and cisterns forming part of the premises.

Burglary

• Burglary (including damage to the property insured occasioned by or happening through such burglary) being:
• Theft consequent upon actual forcible and violent entry upon the premises and/or out buildings or any attempt thereat;
• Theft or any attempt thereat by a person feloniously concealed on the premises and/or outbuildings;
• Theft consequent upon threat of immediate violence or violent intimidation.

Money

• Damage to money (as defined) arising from any cause except:
• Damage by or through the fraudulent embezzlement by or the fraudulent misappropriation by the insured or any person or persons in the service of the insured;
• Damage to money while being carried by professional money carriers, professional carriers or common carriers;
• Where stolen from any unlocked and unattended vehicle;
• Where the loss is not discovered within five (5) working days of the loss occurring;
• Where stolen from a safe or strongroom opened by a key or by use of details of a combination, either of which has been left at the situation, outside the insured's business hours.

Public and product liability as separate from your building operations

• Machinery breakdown
• Computer and electronic equipment
• Fidelity guarantee
• General property
• Transit of goods and materials

For more information about this policy contact HIA Insurance Services.

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