Fire Insurance
Riot and Strike Damage
The Fire Insurance Policy extend to cover Riot and Strike damage, which for the purposes of this cover, the act of any person taking part together with others in any disturbance of the public peace and the willful act of any striker or locked-out worker done in furtherance of a strike or in resistance to a lock-out. PGICL will indemnify the policyholder’s loss arising out from such kind of situation. The Riot and Strike cover exclude the damages of war, invasion, act of foreign enemy, hostilities or warlike operations civil war, Mutiny and civil commotion.
Riot and Fire Damage
The act of any person or persons taking part together with others in any disturbance of the public place whether in connection with a strike causing loss or damage to the property by Fire directly.
Atmospheric Disturbance
The risk of Atmospheric Disturbance can also be added in Fire Insurance Policy. The risks of atmospheric disturbance provide the protection against the damages of Hail, Snow, Wind, Hurricane, Cyclone, Tornado.
Malicious Damage
Under the Fire Insurance policy Riot and Strike damage shall extend to include Malicious Damage, which for the purpose of this extension shall mean, the destruction of property directly caused by the malicious act of any person not being an act committed in connection with an occurrence mentioned in Riot Strike endorsement. The malicious damage extension under a fire policy is regarded as excluding destruction or damage to property actually stolen and any incidental damage directly attributable to theft. The extension does, however, pick up any other malicious damage caused by intruders whether or not any element of theft is involved.