A fire insurance policy is a legal contract between an insurance company and the policyholder where the company pays money as compensation in case your properties are destroyed or damaged in fire. It provides coverage for the expenses incurred for the reconstruction, replacement and repair of the insured property, but also the nearby structures. Furthermore, this fire insurance also provides protection for the people whose life or livelihood is affected due to property damage. Various types of possessions can be insured under fire insurance policy in India, like industrial buildings, dwellings, offices, shops, places of worship and their contents, shops, shopping malls, clinics, hospitals, apartments, private houses and many more. So, for more information please click here