The policy covers your building, furniture, equipment and electronics against material damage caused by fire, lightning strike or certain explosions caused by domestic use of the premises.
The policy also provides a free cover. The free cover is up to 10% of the sum insured on properties if they are damaged by fire and if the damage happens in premises they were temporarily moved into for repairs.
The policy covers damage to properties caused by fire, lightning, limited explosion and other special perils listed below:
• Fire including Lightning & limited Explosion
• Explosion (Industrial)
• Aircraft
• Riots, Strikes, Lock-out
• Malicious Damage • Earthquake or Volcanic Eruption
• Storm, Tempest & Flood
• Bush Fire
• Escape of Water from any Tank, Apparatus or Burst Pipes
• Impact by any Road Vehicle or Anima
Duly filled proposal form (hard or e-copy)
Valid means of identification
Passport Photograph
Q: What does my Fire & Special Perils Insurance cover?
A: Covers loss or damage caused by: Fire, lightning, domestic explosion; escape of water; aircraft; bush fire; industrial explosion; impact from vehicles/animals; earthquake, hurricane, riot & strike and malicious damage.
Q: What is not covered under my Fire & Special Perils Insurance?
A: Excludes: Uninsured items; theft/larceny; wear/tear; intentional damage by owner; theft by household member; war, terrorist attack.
Q: Where am I protected?
A: The premises where the properties insured are situated (as stated in your policy document). War, terrorist attack, and consequential loss are excluded.
Q: When does the Fire & Special Perils Insurance protection start and end?
A: Starts on premium payment (no premium, no cover); ends on premium expiration (3 months 6 months or yearly).
Q: When and how can I pay?
A: Payment can be made at purchase or renewal; annually, every 6 months, or every 3 months. Visit https://www.leadway.com/payment-options and send proof to .
Q: How do I cancel the contract?
A: Send a cancellation request to retail-.”
Q: What do I need to do if an incident that can lead to a claim occurs?
A: Notify us immediately not more than 30 days via https://www.leadway.com/claims-center/ or and submit duly completed claim form, photographic evidence and estimated cost of items damaged or lost.
Q: How do I get paid for my claim?
A: After document submission, loss is reviewed, adjusted if need be and claim amount is offered per policy terms; upon acceptance of offer, payment is made within 48 hours.
You may also like…
Other insurance categories to explore