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A fire insurance policy is a contract between the policyholder and the insurance company to reimburse the insured for the financial losses suffered due to the destruction or the damage of the property caused by fire.

The list of perils which are covered in the standard fire insurance policy is explained in this infographic.

Among the perils covered in the standard fire insurance policy are aircraft damage, missile testing operations, bush fire, cyclone, etc.

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Source: http://www.rakeshnarula.com/blog/fire-insurance-checklist/

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