Fire & Burglary Insurance
Protect your shop, office, warehouse or factory and its stock.
A single fire or break-in can shut a business. Fire insurance covers your building, plant, machinery, furniture and stock against fire and allied perils such as storm, flood, earthquake and riots. Most small and medium businesses buy IRDAI's standard Bharat Sookshma or Laghu Udyam Suraksha policies. Burglary insurance adds theft after forcible entry.
Who needs it
- Shops and showrooms
- Warehouses and godowns holding stock
- Factories and offices, including those with bank loans that require property insurance
What's covered
Fire and lightning
Damage to building, machinery, furniture and stock.
Natural calamities
Storm, flood, inundation, earthquake and landslide.
Riots, strikes and malicious damage
Damage caused during civil unrest.
Explosion and impact
Explosion, aircraft damage and impact by vehicles.
Burglary
Theft of contents after forcible and violent entry, and damage to the premises.
What's not covered
We show you the catch before you buy. Common exclusions (exact terms vary by insurer and plan):
- Theft without forcible entry (for burglary cover)
- War, nuclear risks and wilful damage
- Electrical or mechanical breakdown not resulting in fire
- Loss from under-declared stock values (keep sums insured up to date)
Popular add-ons
Terrorism
Damage caused by acts of terrorism.
Money insurance
Cash in safe and in transit.
Loss of profits
Lost income while the business is shut after a covered fire.
Documents checklist
To get a quote or buy
- Property address and type of construction
- Values of building, machinery, furniture and stock
- Previous policy and claims history
- GST certificate and business KYC
To make a claim
- Claim form and policy copy
- Fire brigade report or FIR
- Stock registers, purchase invoices and books of accounts
- Photos and repair or replacement estimates
- Surveyor's requirements, as asked
Frequently asked questions
What happens if my stock value is higher than insured?
You may be under-insured and the claim reduced proportionately. We help you set the right sum insured and review it when stock levels change.
Which standard policy fits my business?
Bharat Sookshma Udyam Suraksha applies to total asset values up to ₹5 crore at one location, and Bharat Laghu Udyam Suraksha to values above ₹5 crore up to ₹50 crore. Larger risks use other property policies.
Is burglary included in fire insurance?
No, burglary is a separate cover or add-on. We usually quote both together.
Related cover
Specific Marine (Cargo) Insurance
Insurance for goods in transit, one shipment at a time: domestic, import or export, on all-risk or named-peril terms.
ExploreGroup Term Life Insurance (GTLI)
Employer-paid life cover for employees, as a flat amount or a multiple of salary, with simple group underwriting.
ExploreGroup Mediclaim Insurance (GMC)
Group health insurance with cover typically from day one, optional family and parents cover, and claims support for your HR team.
ExploreNot sure what you need?
Tell us about your family or business and we will suggest the right cover, in plain language.
Mon–Sat, 9 am – 7 pm