Clock

24*7 Claim Notifications

compliants

100% Paperless

compliants

Best Claim settlement Awards 2022

  • Overview
  • Coverages
  • Add-ons/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
Read More

Nil Pending
Complaints

Over 60 Lakhs
Happy Customers

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
Read More

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

1

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

2

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.

3

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

64057c03f0c59f5e7906d7bb

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?
01

Fire, lightning, explosion/implosion

02

Aircraft damage

03

Riot, strike and malicious damage

04

Storms, cyclones, floods, tempests, hurricanes, tornados and inundation

05

Impact damage, subsidence and landslide including rockslide

06

Bursting and/or overflowing of water tanks, apparatus and pipes

07

Missile testing operations

08

Leakage from automatic sprinkler installations and bush-fire

01

Loss, destruction or damage caused by war/invasion

02

Act of foreign enemy hostilities or war-like operations (whether war be declared or not)

03

Civil war, mutiny or civil commotion

04

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?
01

Material Damage

  • Standard Fire & Special Perils
  • Burglary
  • Machinery Breakdown/Boiler Explosion/Electronic Equipment Insurance
02

Business Interruption

  • Fire Loss of Profit
  • Optional Cover: Machinery Loss of Profit
01

Faulty or defective design materials, inherent vice, latent defect, gradual deterioration, deformation, distortion, wear and tear

02

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?
01

Loss of gross profit due to a reduction in turnover

02

The increased cost of working incurred in minimizing that loss of gross profit

03

Loss of wages

04

Lay off & retrenchment

05

Auditor/Accountant fees

06

Loss of goods lying at supplier's premises

07

Loss due to accidental failure of public electricity/gas/water supply

01

Loss, destruction or damage caused by war/invasion

02

Act of foreign enemy hostilities or war-like operations (whether war be declared or not)

03

Civil war, mutiny or civil commotion

04

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

64057c67f0c59f5e7906d7bc

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

Extensive Coverage

  • Enjoy extensive fire insurance coverage for business, employees and more

Timely Claim Support

  • 24*7 claim support for all the claim-related queries

Instant Claim Settlement

  • Get your claims settled instantly with Shriram Fire Insurance

Policy Customisation

  • Choose the required coverage options as per your needs

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

64057d1973ccafd23e06d831

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

Submission of Required Documents

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

64057d8bf0c59f5e7906d7c1

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

What our customers say ?

Rajesh kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Kishore kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Rajesh kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Rajesh kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Rajesh kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Rajesh kumar says,

Thank you for your service. Shriram General Insurance offers great customer service. Quick and hassle free claim process by SGI made my life easy during the difficult period.

Blogs

KKR invests in Shriram General Insurance

Posted on 23 Aug 2022

KKR, a leading global investment firm, and Shriram General Insurance Company (“Shriram General Insurance”, “SGI” or “the Company”), a leading ...

Read more

Tips on how to choose Car
Insurance

Posted on 23 Aug 2022

Do you know, what is the reason for insuring the vehicle? Or why we should insure our vehicle with the foremost insurance company? If it is because the...

Read more

Budget 2022: General insurers seek exemptions, tax parity

Posted on 23 Aug 2022

This Union Budget 2022, the insurance companies want their space to encourage the use of insurance with lower GST on premiums. The COVID-19 ...

Read more
View all
Quick renewal
Back to Topback_to_topback_to_top

IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Terms and Conditions |Refund and Cancellation© 2023 Shriram General Insurance. All rights reserved.