This policy indemnifies the insured against the loss of or damage to the property insured arising from fire as well as from allied perils such as earthquakes, explosions, riots and strikes, malicious damage, winds/storms, tempests pr floods.
Other perils covered are damage/impact by by moving objects like motor vehicles and aircraft, and damage by bursting or overflowing water tanks or pipes. Rent receivable can also be covered under the fire policy.