Fire Insurance

Fire insurance in Pakistan provides crucial protection against damages caused by fire-related incidents, ensuring financial security for property owners. It covers the costs of rebuilding, repairing, or replacing damaged property, including residential, commercial, and industrial assets. At The United Insurance Company of Pakistan Limited (UIC), we offer comprehensive fire insurance policies tailored to meet individual and business needs. With our reliable services, clients can safeguard their valuable assets against unforeseen fire accidents, allowing peace of mind and financial stability. Our expert team ensures quick claim processing, providing efficient support during difficult times.

What we are Giving

This is the most important and basic form of insurance and is essential for all types of business concerns. Fire and Allied Perils Insurance provides comprehensive cover in respect of loss of or damage to your property against fire and lightning. To further safeguard the interest of our valued clients the policy can be extended to cover riot and strike damage, malicious damage, atmospheric disturbance, earthquake (fire and shock), explosion, impact damage, aircraft damage etc.
To live in one’s own home is cherished by every one of us. In these tough times, it is very hard to retain a house, which is exposed to several risks such as riot and strike damage, malicious damage, atmospheric disturbance, earthquake (fire and shock), explosion, impact damage and aircraft damage. The United Insurance provides a policy to cover the interest of homeowners. The plan provides coverage on building as well as contents against the risks the property may be exposed to. The coverage for buildings includes the risks of fire and all dry/wet perils. Contents (including jewellery and cash) are similarly covered including the risks of burglary and dacoity.
Besides material damage, UIC’s Home Insurance also provides for loss or rent, legal liability to public and domestic servants.
As the name of policy signifies, it is specially designed to cater to all the insurance needs of a hotel owner. This policy has been adapted from the wording prevalent in international markets, as such coverage provided by it meets the requirements of management agreements, which owners usually enter with international chains of hotels. This policy is divided into 8 sections covering fire and supplemental Perils Insurance. Business interruption following Fire and Supplemental Perils, Comprehensive Plate Glass Insurance, Boiler and Machinery Breakdown Insurance, Business Interruption following Machinery Breakdown, Comprehensive General Liability, Comprehensive 3D Bond Insurance and Workmen’s Compensation Insurance.

What’s Covered

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Frequently Asked Questions

What is fire insurance?
Fire insurance is a policy that provides financial protection against damages caused by fire-related incidents. It covers the costs of rebuilding, repairing, or replacing damaged property, including residential, commercial, and industrial assets.
What types of assets are covered under fire insurance?
Fire insurance covers a variety of assets, including residential homes, commercial buildings, industrial properties, and their contents.
What is Fire and Allied Perils Insurance?
Fire and Allied Perils Insurance provides comprehensive coverage against fire, lightning, and additional risks such as riot and strike damage, malicious damage, earthquakes, and more.
Can fire insurance be customized for specific industries?
Yes, policies like the Hotel Owner All Risk policy cater to specific industries, offering coverage tailored to meet the insurance needs of hotel owners and other business types.
How is terrorism covered under fire insurance policies?
Terrorism cover is offered in conjunction with the Fire and Allied Perils Policy to protect clients from damage caused by terrorism up to a specified limit.
How do I file a fire insurance claim?
To file a claim, contact The United Insurance Company of Pakistan as soon as possible with details of the incident, including documentation such as photos of the damage, repair estimates, and a police/fire report if applicable.
What is the process for claim approval?
Once a claim is submitted, our expert team will assess the documentation and damage, and after validation, the claim is processed for approval. We aim for quick and efficient claim processing to assist clients during difficult times.
How long does it take to process a fire insurance claim?
Claim processing times may vary depending on the complexity of the claim. However, at The United Insurance Company of Pakistan, we strive to process claims as efficiently as possible.
Are there any exclusions in the fire insurance policy that might affect my claim?
Certain exclusions may apply, such as damages caused by negligence or pre-existing conditions. It is advisable to read the policy thoroughly or contact our team for clarification.
What documents are required to file a fire insurance claim?
Documents typically required include a claim form, proof of ownership, photos of the damage, repair estimates, and a fire department report.
What does fire insurance cover?
Fire insurance covers damage or loss caused by fire, lightning, and other allied perils like riot, malicious damage, earthquakes, explosions, and more, depending on the specific policy.
What are allied perils?
Allied perils refer to additional risks covered by fire insurance, such as lightning, earthquakes, explosion, atmospheric disturbances, riot and strike damage, and aircraft damage.
Does fire insurance cover damages caused by riots and strikes?
Yes, Fire and Allied Perils Insurance can be extended to cover damage caused by riots, strikes, and civil commotions, as well as malicious damage.
Is my home’s contents covered under fire insurance?
Yes, home insurance plans by The United Insurance Company of Pakistan also cover contents, including valuables like jewelry and cash, against fire, burglary, and dacoity.
Can businesses get fire insurance coverage for equipment and machinery?
Yes, businesses can extend their fire insurance to cover machinery and equipment. For instance, the Hotel Owner All Risk policy covers machinery breakdown and business interruption.
How do I renew my fire insurance policy?
You can renew your fire insurance policy by contacting The United Insurance Company of Pakistan before the policy’s expiration date to ensure continuous coverage.
Can I make changes to my policy during renewal?
Yes, policyholders can modify their coverage during renewal to add or remove certain aspects, such as extending coverage for additional risks like riots, terrorism, or machinery breakdown.
Is there a grace period for renewing fire insurance?
Yes, some policies may offer a grace period after the policy’s expiration to renew without losing coverage. Check your policy terms or contact our team for details.
Will my premium increase when I renew my fire insurance?
Premiums may increase based on changes in the value of the insured property, additional risks covered, or claim history. It is advisable to review these factors at the time of renewal.
Can I switch to a different fire insurance plan during renewal?
Yes, you can switch to a different fire insurance plan or upgrade your coverage at the time of renewal to better meet your current needs.

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