FIRE PERILS COVERED:

1. Fire: Fire means actual ignition or burning under accidental circumstances.
Excluding destruction or damage caused to the property insured by
a) i) Its own fermentation, natural heating or spontaneous combustion.
ii) It’s undergoing any heating or drying process.
b) Burning of property insured by order of any Public Authority (Not a fortuitous event)

2. Lighting: Lightning includes any damage caused by lightning with or without ignition (Fire)

3. Explosion/Implosion: Excluding loss, destruction of or damage
a) To boilers (other than domestic boilers), economizers or other vessels, machinery or apparatus( in
which steam is generated) or their contents resulting from their own explosion/implosion;
b) Caused by centrifugal forces. (Covered by engineering policy)

4. Aircraft Damage:
Loss, Destruction or damage caused by Aircraft, other aerial or space devices and articles dropped
therefrom excluding those caused by pressure waves (e.g. Damage to window panes by vibration from low
flying planes or from sonic or supersonic aircraft.

5. Riot, Strike, and Malicious Damage:
Loss of or visible physical damage or destruction by external violent means directly caused to the
property insured but excluding those caused by
a) Total or partial stoppage of work or process or operations or omissions of any kind.
b) The insured having lost the right of possession of building or machinery etc. or premises due to
action of any lawful person or lawful authority.
c) The property has been unlawful occupied by any person or access to the premises is prevented
thereby making the insured unable to use his property.
d) Any malicious act committed in connection with Burglary, housebreaking, theft, larceny or any such attempt or any omission of any kind of any person.
If the insurer alleges that the loss/damage is not caused by any malicious act, the burden of proving the contrary shall be upon the insured.
Terrorism Damage Exclusion Warranty: The policy excludes loss, damage or expenses directly or
indirectly caused by any act of terrorism.
If the insurer alleges that the loss/damage is caused by terrorism act and not covered by the policy, the burden of proving the contrary shall be upon the insured.
TERRORISM COVER: (The Optional Cover – In conjunction with RSMD only)
Definition of Terrorism: an act or series of acts, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s) or government(s), or unlawful associations, recognized under Unlawful Activities (Prevention) Amendment Act, 2008 or any other related and applicable national or state legislation formulated to combat unlawful and terrorist activities in the nation for the time being in force, committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public or any section of the public in fear for such purposes. Scope & Applicability: Applicable to all insurances of terrorism risk insured along with the insurances of property in any of the insured classes.
Rates, Terms and Conditions for Terrorism Risks: These shall be decided by Pool Underwriting
Committee of GIC Re (Manager to the Indian Market Terrorism Risk Insurance Pool) and filed with IRDAfor approval under File and Use Guidelines. At present it follows overall limit per location Rs. 750 crores. The wordings for Terrorism Damage cover Endorsement and Terrorism Damage Exclusion Warranty hasbeen revised w.e.f. 01.07.2010.

6. Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation:
(Act Of God) Loss, destruction or damage directly caused by Storm, Cyclone, Typhoon, Tempest, Hurricane,Tornado, Flood or Inundation excluding those resulting from earthquake, Volcanic eruption or other convulsions of nature. (Wherever earthquake cover is given as an “add on cover” the words “excluding hose resulting from earthquake volcanic eruption or other convulsions of nature” shall stand deleted.

7. Impact Damage:
Loss of or visible physical damage or destruction caused to the property insured due to impact by any Rail/
Road vehicle or animal by direct contact not belonging to or owned by
a) The Insured or any occupier of the premises or
b) Their employees while acting in the course of their employment.
8. Subsidence and Landslide including Rock slide: Excluding loss, destruction or damage caused by
a) the normal cracking, settlement or bedding down of new structures
b) the settlement or movement of made up ground
c) coastal or river erosion
d) defective design or workmanship or use of defective materials
e) Demolition, construction, structural alterations or repair of any property or ground works or
excavations.

9. Bursting and/or overflowing of Water Tanks, Apparatus and Pipes:

10. Missile Testing operations: By the Defence Department, Government of India.

11. Leakage from Automatic Sprinkler Installations: Excluding loss, destruction or damage caused by
a) Repairs or alterations to the buildings or premises
b) Repairs, Removal or Extension of the Sprinkler Installation
c) Defects in construction known to the Insured.

12. Bush Fire: Excluding loss, destruction or damage caused by Forest Fire.
PROVIDED that the liability of the Company shall in no case exceed in respect of each item the sum
expressed in the said Schedule to be insured thereon or in the whole the total Sum Insured hereby or such other sum or sums as may be substituted thereof by memorandum hereon or attached hereto signed by or on behalf of the Company.

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