Fire insurance protects your assets in the US

Fire insurance protects your assets in the US Mandatory Fire and Explosion Insurance is a type of insurance covering fire and explosion risks, complying with the regulations of Decree No. 67/2023/ND-CP dated September 6, 2023, which governs compulsory civil liability insurance for motor vehicle owners, mandatory fire and explosion insurance, and compulsory insurance in construction investment activities.

Insured Objects

• Houses, architectural works, and attached equipment

• Machinery and equipment

• Various types of goods, materials, and other assets
  Fire insurance protects your assets in the US

Customers

Business owners operating facilities with fire and explosion hazards as specified in Appendix II of Decree No. 136/2020/ND-CP dated November 24, 2020, issued by the Government detailing the implementation of the Law on Fire Prevention and Fighting and its amendments.

Insurance Coverage

• Compensation for random, unexpected, and unforeseeable physical loss or damage to insured property caused by fire, lightning strikes, or explosions, in accordance with Decree No. 67/2023/ND-CP dated September 6, 2023, regulating compulsory civil liability insurance for motor vehicle owners, mandatory fire and explosion insurance, and compulsory insurance in construction investment activities.
  Fire insurance protects your assets in the US

• Insurance coverage for physical damage to insured objects caused by the following risks:

  • Fire: A chemical reaction that produces heat and light due to explosion or any other cause.
    Fire insurance protects your assets in the US

  • Explosion: A chemical reaction causing a sudden release of gas and energy in large quantities, accompanied by sound and physical impact on surrounding objects.