Introduction
Fire and explosion insurance is an insurance product that compensates participants when there is property damage caused by a fire or explosion incident.
Covered subjects
- Houses, buildings and assets attached to houses and buildings; devices, equipment
- All types of goods and supplies (including raw materials, semi-finished products, and finished products).
Coverage events
- Earthquake, volcanic eruption or other natural fluctuations.
- Damage caused by political, security and social order and safety events.
- Property is burned or exploded according to the decision of a competent state agency.
- Self-fermenting or self-heating property; property subjected to a heat treatment process.
- Lightning strikes directly on the insured property but does not cause fire or explosion.
- Nuclear weapon materials cause fire and explosion.
- Machinery, electrical equipment or parts of electrical equipment are damaged due to the direct impact of overloading, overpressure, short circuit, self-heating, electric arc, electric leakage due to any reason. any cause, including lightning.
- Damage due to intentional actions of the insured person causing fire or explosion; due to intentional violation of regulations on fire prevention and fighting and is the direct cause of fire and explosion.
- Damage to data, software and computer programs.
- Damage caused by burning forests, bushes, grasslands, or burning for the purpose of cleaning fields and land.
