What is Fire insurance Policy? Something that keeps you cool!
A Fire Insurance Policy in India is meant to cover the cost of loss and damage to property, which has been caused by fire.
Who should buy Fire Insurance? Everyone.
Anyone who owns anything of value, which could be lost or damaged in a fire, should have a Fire Insurance Policy. Owners of building/flats, Shopkeepers, Hotels & Hospitals owners, Schools & Colleges, Industrial and Manufacturing Firms, Bailees, Lessors, Lessees, Banks, Financial Institutions, Mortgagors, Mortgagees, Trustees & Charitable Institutions and Transporters, C & F Agents should have a Fire insurance to safeguard their properties against loss or damages due to Fire.
Features of Fire Insurance
Cover
It covers loss or damage due to risks mentioned in the policy. The cover and premium is decided by the type of policy, location of the property and Add-ons you take.
Stronger cover with Add-ons
You can combine multiple Add-ons along with the base policy to suit your needs, for a small extra premium.
Why should you buy Zuno Fire insurance?
A little spark could turn into a raging fire that may completely destroy your property. We understand the importance of your possessions, and that’s why we’ve created this policy. It may not be able to save your property, but it will help minimize the effect of fire on your finances.
Taking Add-ons is always a good idea.
Consulting Fees
Architects’ consulting and engineering fees (more than 3% of the claim amount)
Debris
Debris removal (more than 1% of the claim amount)
Impact damage
Impact damage due to your own road or rail vehicles, forklifts, cranes, stackers, and any material dropped from them
Rental Income
Loss of rent and extra rent needed when alternative accommodation is required
Natural Disasters
Acts of terrorism, forest fires, earthquakes and more*
What is covered by Zuno Fire Insurance?
Fire- Lightning
- Explosion/Implosion
- Aircraft Damage
- Riot, Strike and Malicious Damage
- Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation
- Impact Damage
- Subsidence and Landslide including Rock slide
- Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
- Missile Testing operations
- Leakage from Automatic Sprinkler Installations
- Bush Fire
What does Zuno Fire Insurance not cover?
Any excess- War and related risks
- Nuclear contamination and radiation
- Loss or destruction or damage to bullion or unset precious stones, any curios or works of art for an amount exceeding Rs.10,000/-, goods held in trust or on commission, manuscripts, plans, drawings, securities, obligations or documents of any kind, stamps, coins or paper money, cheques, books of accounts or other business books, computer system records, explosives unless otherwise expressly stated in the Policy
- Any loss or damage caused by, whether indirectly or directly, earthquakes, volcanic eruptions or other convulsions of nature
- Pollution or contamination
- Loss of earnings, loss by delay, loss of market or other consequential or indirect loss or damage of any kind or description whatsoever
- Loss or damage to the property insured, if it is removed to any building or place other than where it is stated to be, except machinery and equipment that is temporarily removed for repairs, cleaning, renovation or other similar purposes for a period not exceeding 60 days
- Loss, destruction or damage to any electrical machine, apparatus, fixture, or fitting arising from or caused by over-running, excessive pressure, short circuiting, arcing, self heating or leakage of electricity from whatever cause (lightning included). This exclusion will apply only to the particular electrical machine, apparatus, fixture or fitting so affected and not to other machines, apparatus, fixtures or fittings which may be destroyed or damaged by a fire started in this manner
- Terrorism
Why choose Zuno? We keep it simple!
Single point of contact
All our services are handled through one dedicated person, so you don’t have to deal with multiple people.
Quick decision-making
Your proposal and claims are processed quickly.
Minimum documents
We keep documents to a minimum while issuing your policy, and also when you claim.
How do I claim with Zuno Fire insurance?
Step 1
Call us on
Toll free -1800 12000 /
Paid landline - 022 423 12000
or email us at support@hizuno.com to let us know the details of your claim.
Step 2
Email us the scanned documents and we’ll get the ball rolling. Once we receive the originals from you, the process is almost complete.
Step 3
Mail your claim documents to Claims Desk – Zuno General Insurance Company Limited, 2nd Floor, Tower 3, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla West, Mumbai – 400 070.
Step 4
Our Claims Team will sort everything out and keep you updated at every step.
Of course, if you still have any queries, you can get in touch with us at support@hizuno.com and we’ll reply ASAP.
Making sense of common insurance jargon
Home Building
A building consisting of a residential unit, with an enclosed structure and a roof, basement (if any) and fixtures and fittings permanently attached to the floor, walls or roof, like fixed sanitary fittings, electrical wiring and other permanent fittings.
Home Contents
These are the articles or things in the house that are not permanently attached or fixed to the structure. Home Contents may consist of General Contents and/or Valuable Contents.
Useful features of Bharat Griha Raksha Fire Policy
Inbuilt Cover
* Up to 5% of the claim amount for reasonable fees of the Architect, Surveyor, Consulting engineer.
* Up to 2% of the claim amount for reasonable costs of removing debris from the site.
* Loss of rent, and extra rent needed for alternative accommodation.
Optional Cover
Cover for your valuable possessions on an agreed value basis (under Home Contents Cover),
Personal accident Cover
FAQs
How do I register a claim with Zuno Fire insurance?
Simply call us on
Toll free - 1800 12000
Paid landline - 022 423 12000
Or email us at support@hizuno.com, and we’ll guide you through everything.
How long is a Zuno Fire Insurance policy valid for?
Your policy is valid for a maximum of one year from the starting date. If you need protection for longer, don’t worry. Our pain-free renewal process makes it easy for you to get cover for the next year.
What kind of documents do I need when I claim?
Once you tell us about a claim, our Surveyor will check the damage and we’ll send you a list of the documents we need, within a week.
How will my Sum Insured be calculated?
There are two options that you can choose from:
1. Market Value Basis – You’ll be covered for the depreciated value of the property.
2. Re-instatement Value Basis – You’ll be covered for replacement cost of property.