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- Overview
- Coverages
- Key Features
- Terminologies
- Claim Process
- FAQs
What is Fire Insurance?
Fire insurance is a contract between the property owner and the insurer to protect against unforeseen events that cause physical loss, damage/destruction of buildings and structures, plant and machinery, stock and other business assets
- The purpose of fire insurance is to provide coverage for the replacement, repair or reconstruction of the damaged property/machinery as specified in the policy. The general exclusions in fire insurance policies include war, nuclear risks, etc.
- Regardless of the size of the business, every business owner must purchase fire insurance for their additional safety




Why Choose Shriram Fire Insurance?
- The Shriram General Insurance company enables one to purchase, renew and claim Shriram Fire Insurance policies in a hassle-free manner
- With a speedy application process and minimal documentation, you can get an instant fire insurance policy
- The entire claim process has been simplified and we offer 24*7 claim support to ensure timely claim resolution
Features of Shriram Fire Insurance
Affordable Premium
A cost-effective premium with minimal paperwork

Extensive Coverage
Enhance building/contents protection with exclusive add-ons
Quick Claim Process
Instant claim approvals and timely claim settlement
24*7 Claim Support
Round-the-clock customer assistance for all your queries
Get Your Shriram Fire Insurance in 3 Simple Steps
Call our Toll-Free number
Call (1800-300-3000/1800-103-3009) to avail a Shriram Fire Insurance policy at your convenience and you will be guided by our dedicated customer support executives throughout the Fire Insurance policy journey
Submit the required documents
Kindly submit the required property proof to proceed further such as the building space, contents involved inside the building, construction area, cost of construction, etc.
Complete the payment and get instant fire insurance
Kindly complete the payment by selecting the preferred payment method (Debit Card, Credit Card, Net Banking or Cheque) and get Shriram Fire Insurance instantly


Benefits of Shriram Fire Insurance
- Affordable premium with minimal paperwork
- Customised policy plans for all business requirements
- Timely claim settlement at the time of emergency
- Comprehensive coverage for enhanced protection
- 24*7 claim support at your disposal
Frequently Asked Questions
What are the benefits of buying fire insurance for my building?

A building may get damaged in the event of a fire or any other unforeseen event, which results in huge financial loss. Therefore, buying fire insurance is necessary to protect your property. As a result, it will cover the damages to the building based on the coverage chosen
Does an SME need fire insurance?

Yes. A comprehensive fire insurance policy protects SMEs against risks such as fire, floods, earthquakes, etc. One can choose the amount insured for every type of asset and further enhance the coverage by adding suitable add-ons
Choose the preferred add-on for enhanced protection at an additional premium with Shriram Fire Insurance policy
Types of Shriram Fire Insurance Coverages
Shriram Standard Fire and Special Perils Policy
The Standard Fire and Special Perils policy may cover various assets such as buildings, plant & mach stock and furniture, against loss or damage due to various unforeseen events such as fire, ligh explosion/implosion, aircraft damage, riot, strike and so on
- What is Covered?
- What is not Covered?
Fire, lightning, explosion/implosion
Aircraft damage
Riot, strike and malicious damage
Storms, cyclones, floods, tempests, hurricanes, tornados and inundation
Impact damage, subsidence and landslide including rockslide
Bursting and/or overflowing of water tanks, apparatus and pipes
Missile testing operations
Leakage from automatic sprinkler installations and bush-fire
Loss, destruction or damage caused by war/invasion
Act of foreign enemy hostilities or war-like operations (whether war be declared or not)
Civil war, mutiny or civil commotion
Military rising, rebellion, revolution, insurrection, military or usurped power
Industrial All Risk Policy
All industrial risks (other than risks rateable under Petrochemical Tariff) have an overall Sum Insured of Rs. 50 crores and above in one or more locations in India shall be eligible for the Industrial All Risks Policy
- What is Covered?
- What is not Covered?
Material Damage
- Standard Fire & Special Perils
- Burglary
- Machinery Breakdown/Boiler Explosion/Electronic Equipment Insurance
Business Interruption
- Fire Loss of Profit
- Optional Cover: Machinery Loss of Profit
Faulty or defective design materials, inherent vice, latent defect, gradual deterioration, deformation, distortion, wear and tear
Interruption of the water supply, gas electricity, fuel systems or failure of the effluent disposal systems to and from the premise
Fire Loss of Profit Policy
The fire loss of profit policy operates in the event of damage to an insured's premises due to any event insured under the Standard Fire & Special Perils Policy, causing an interruption to the policy holder's business
- What is Covered?
- What is not Covered?
Loss of gross profit due to a reduction in turnover
The increased cost of working incurred in minimizing that loss of gross profit
Loss of wages
Lay off & retrenchment
Auditor/Accountant fees
Loss of goods lying at supplier's premises
Loss due to accidental failure of public electricity/gas/water supply
Loss, destruction or damage caused by war/invasion
Act of foreign enemy hostilities or war-like operations (whether war be declared or not)
Civil war, mutiny or civil commotion
Military rising, rebellion, revolution, insurrection, military or usurped power
Frequently Asked Questions
What do you mean by Standard Fire and Special Perils policy?

A comprehensive standard fire and special perils policy covering the physical loss or damage to insured property caused by fire and other perils
The Add-on covers offered are as follows:
Temporary removal of stocks is covered to any other premises for production or processing or finishing or similar purposes
Fees for Architects, Surveyors and Consulting Engineers are beyond 3% of the claim amount

Expenses for removal of debris beyond 1% of the claim amount

Deterioration of stocks in cold storage premises due to power failure following damage due to an insured peril

Impact damage to the property due to the insured’s vehicle

Loss of rent and/or additional expenses of rent for alternative accommodation

Omission to insure additions, alterations or extensions

Earthquake damage caused by fire and shock

Spontaneous combustion

Terrorism

Forest fire
Key Features of Shriram Fire Insurance


Frequently Asked Questions
Mention some of the add-ons of Shriram Fire Insurance?

- Terrorism
- Forest fire
- Spontaneous combustion
- Fees for Architects, Surveyors and Consulting Engineers are beyond 3% of the claim amount Expenses for removal of debris beyond 1% of the claim amount

Gross Profit
Gross profit is the profit a company makes after deducting all costs associated with manufacturing and selling its products or services. Deducting the cost of goods sold (COGS) from total sales yields gross profit
Gross Profit is the sum of Net Profit and Insured Standing Charges

Net Profit
Net profit is the total earnings of the company after deducting all expenses. The expenses deducted include the costs of regular business operations, depreciation and taxes
Frequently Asked Questions
What are standing charges?

The insured standing charges are the fixed expenses (salaries, rent, taxes, interest, etc.) that an insured might incur as a result of decreased turnover. Before selling the policy, an insurer will receive details on the insured's fixed expenses
Shriram General Insurance’s claim intimation process is easy and hassle-free. Intimate a claim, submit the required documents and get a timely claim settlement
How to Register Shriram Fire Insurance Claim?
- step 1
- step 2
- step 3
- step 4
- step 5
Intimate your Claim
Intimate a claim via our Toll-Free number 1800-300-30000/1800-103-3009 or Please download CLAIM INTIMATION, fill it out and send it to our Help Desk via Email ID (chd@shriramgi.com)
-
Note: Please ensure that the following information is
available to you at the time
of the claim intimation
- Policy Number/Proposal Number
- Date and Time of the Accident
- Survey location, where our loss assessor can survey the damages
- Estimated loss/description

Claim Registration
- Our customer support team will accept the claim intimation and provide the claim reference number

Claim Confirmation
- Once the claim is registered and the loss assessor gets deputed, you will receive a text message for confirmation along with surveyor details. The surveyor will contact you regarding the time and conduct the survey accordingly
Survey and Claim Settlement
- After receiving the documents, our dedicated survey team will initiate the process. Once the survey is done, the funds will be directly sent to the recipient after verification
- Note: Kindly contact our CHD /Surveyor when the property is ready for re-inspection, if the surveyor advised re-inspection
Frequently Asked Questions
When will I receive the confirmation for Shriram Fire Insurance claim?

When the claim is registered and the loss assessor is deputed, you will receive a text message for confirmation along with the surveyor's contact information. In response to your request, the surveyor will contact you regarding the time and schedule the survey accordingly
What should I do if I suffer a loss due to a fire?

- Notify the local fire department for the immediate help
- When another person's property is damaged by the fire, the insurance provider will compensate them
- Make sure the insurer is informed
- During loss assessment, cooperate with your supervisor
- As a last resort, you can take photographs of the loss/damages while waiting for the surveyor and secure all unaffected assets
- Submit the claim form along with the supporting documents
- As soon as the damages have been repaired or replaced, submit all the bills to the insurer
Who can buy Shriram Standard Fire and Special Perils policy?

Shriram Standard Fire and Special Perils policy is available to individuals organizations and institutions of all types.
- Owners of buildings that include contents like furniture, appliances, etc.
- Shopkeepers
- Industrial or Manufacturing firms
- Storage Godowns
- Hotels
- Traders in stock
What can be insured under Shriram Standard Fire and Special Perils policy?

- Buildings and their contents
- Plant and machinery
- Furniture, fixtures and fittings
- Stocks and raw materials
- Electronic and electrical equipment
- Cables, pipelines, other household goods, etc
What are the factors determining the fire insurance premium?

Fire insurance premiums are determined by a variety of factors:
- Occupancy type
- Renewal and rollover claims experience for the past 3 years
- Add-ons cover chosen
- Risk Location
How to register a fire insurance claim with Shriram General Insurance?

Intimate a claim via our Toll-Free number 1800-300-30000/1800-103-3009 or Please download the CLAIM INTIMATION , fill it and send it to our Help Desk via Email ID (chd@shriramgi.com)
How does a fire insurance policy work?

A fire insurance policy can compensate you for such unforeseen events by covering the damages to the property and its contents upon claim intimation
What is the minimum tenure of Shriram Fire Insurance policy?

A policy can be issued for a maximum of one year from the date of inception. In some cases, policies can be issued for more than 12 months
How can I renew my Shriram Fire Insurance?

- Kindly call our Toll-Free number (1800-300-3000/1800-103-3009) for the Shriram Fire Insurance renewal
- You will be guided by our dedicated customer support executives throughout the Shriram Fire Insurance renewal journey
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