Disclosure of Assets Risk a variety of risks

exposing assets. Various hazardous disclosures are natural disasters, fires, floods,
theft, etc. All standard insurance policies aim to protect your insurance providers from financial liability the effects of these accidents. This chapter deals with the disclosure of loss of assets and
the means by which such exposures may be covered in practice. Miscellaneous Types of goods include construction, personal property, Money and safety, cars and tractors, Real Estate, Shipments, Goods, Boilers and Equipment etc.

Causes of loss, or accidents, that can damage or damage property are sometimes listed in insurance policies called "Named" policies. Other policies called “Special Forms coverage ”or“ Open Perils ”, provide for real property loan exceptions. The loss is covered by the risk set out by the policy. Finance the consequences of loss of property may include: Loss / decrease in asset value
Loss of income because property cannot be used additional cost It is noteworthy that, in any case of loss, there are other groups, in addition to the property owner, who may be affected by the loss of property.

These groups include security lenders, mortgage holders and other property owners. We will now discuss various general insurance cover:
- Fire Insurance
- Marine insurance
- Car Insurance
Fire Insurance

A fire insurance agreement can be defined as a building insurance agreement there
The insurer makes compensation for the loss of the insured loss due to damage or destruction of insurance property by fire or other accident, on time the time specified.

As with other insurance contracts the general provisions of the Contract Act as laid down in the Indian Contract Act, 1872 regulates fire insurance contracts. Said the fire the insurer must also satisfy the legal contract requirements.

Description of fire insurance
The Insurance Companies Act 1958, of England defined the fire insurance business as Issuance, or creditworthiness under an anti-loss insurance policy or by fire accident  of the Indian Insurance Act, 1938 defines fire insurance business as business to do, otherwise by accident in another category of insurance business, insurance contract against loss or fire related or other occurrences are traditionally included in the risks covered by fire insurance policies From the above definitions the evaluation of a fire insurance contract can be summarized as Yes or no It is an insurance agreement.

The main thing is insurance against loss or damage caused by fire Insurance liability is limited to the amount of the guaranteed amount or coverage of damage caused by fire, however small the insurer has no interest in the safety or damage to other insurance assets there is a debt made.

Features of a fire insurance agreement
The above discussion means that a fire insurance contract is just like any other ordinary insurance
The contract has the following specific characteristics:
It is a plea agreement
A testament to great good faith
It is a human agreement
The cause of the fire usually does not work
The existence of an incurable seed
It is an invisible contract
Decline and contribution
General Fire Insurance Policy
The standard insurance policy contains policy terms and conditions.
The General Insurance Act (Target) recommends the type of agreement where the fire is
Insurance must be in writing. The policy form contains an active and passive layer, standard exceptions and general conditions. (As of April 2008, insurers may be more flexible in drafting and drafting their names for all insurance contracts - subject to the prior approval of the IRDA.)
Functional Background: This section contains a presentation, covered roads and limits on the amount guaranteed. The preamble lists the parties to the agreement.

Standard Issues: This section of the policy lists nine standard releases expressed in the policy.
General conditions: There are fifteen identified fire insurance cases policy. In India, the fire tax has recently been revised w.e.f. 1st April 2000 and found one to convert you fight more w.e.f. 31st March 2001. This fire policy has been renamed HOW TO SAVE THE FIRE AND FREE
GOAL. Scope and Coverage Under Normal and Special Fire Perils Policies The Fire Policy may be issued to cover the risk of general and special fire accidents. There are 12 types of risks covered under the above policy:
1. Fire
2. Lightning
3. Explosion / implosion
4. Flight damage
5. Riot, Strike, Cruel and Terrible Homosexuality (RSMTD)
6. Typhoon, Typhoon, Typhoon, Typhoon, Typhoon, Tornado, Flood and Intervention
(STFI)
7. Adverse impact of train / road / vehicle or animal
8. Humility and earthquakes (including rocklide)
9. Inflammation and / or infill of water tanks, machines and pipes
10. Missing Exam Operations
11. Leakage from automatic sprinkler installation
12. Bushfire - damage caused by forest fires is not included
* Note: The insurance company's liabilities will never be over:
In the case of individual items - the sum of insurance (SI) for each item stated in
program
Overall - total insurance (TSI)

Add-on cover
For certain additional premiums, and subject to certain conditions and warranties,
there are over 14 covers that can be found as:
1. Designers, Inspectors, and Consultant Developer Fees (over 3% of repairs
lost)
2. Cost of removal of waste (more than 1% of total demand)
3. Reduced stock in cold storage areas due
- Power failure
- Change in temperature
4. Forest fire
5. Damage impact due to your car insurance, forks and so forth.
6. Automatic outbreaks include your fermentation and natural heat
7. Discontinue insurance coverage / conversion / expansion
8. Earthquake (fire and tremor) - India has four locations for measuring purposes
9. Spoilage Material Damage Cover - Due to Backlash or Disruption of Any
process
10. Cover for leaks and dirt - applies only to oil and chemicals
11. Temporary removal of stock - not exceeding 10% of S.I. under policy
12. Rental loss - caused by the operation of insurance risks
13. Additional accommodation fees - resulting from the operation of
insurance costs Initiation costs.

General Release
The general fire and special accident policy does not include the following:
1.5% per claim -
- Depending on minimum Rs. 10,000 / - in respect of loss arising from the Act
God Is Dangerous
- Rs. 10,000 / - for each loss from another accident
Much will apply to each event provided for each insurer.
2. Loss, destruction or damage caused
- war
- Ionizing / radiation / nuclear fuel or substances
- Contamination
3. Loss, destruction or damage caused
- bulls, jewels, works of art at a cost exceeding Rs. 10,000,
books of accounts, explosives etc. (to be precisely defined
and value)
- shares in cold storage
- Any electrical / electronic equipment (fans, cables for short circuit)
4. Loss of income, delayed loss, subsequent loss etc.
5. Loss / damage by spillage, interruption / termination of any procedure
6. Loss of theft during or after the occurrence of an insurance accident
7. Loss of natural disaster
8. Loss due to temporary replacement of repair equipment, cleaning, repair
a period not exceeding 60 days
9. Excessive cost of
- 3% convertible losses in respect of architects, accountants, developer fees
- 1% of the application rate for the removal of waste.