This is a comprehensive insurance policy that incorporates fire, fire consequential loss, theft and accidental damage perils. For a big industry, you don’t need to take separate covers for burglary, fire, fire consequential loss; it is advisable to take this comprehensive cover that is all in one package.
This policy has two sections i.e. Section one covers Insured’s property i.e. furniture’s, fixtures and fittings. Plant and machinery, buildings, stocks. Section two covers the consequential loss e.g. Salaries and Wages, Gross profit.