This is an ’Additional Peril’ cover available under a Fire insurance. It covers the damage resulting from a plumbing accident but does not cover the cost of repairing the burst tank or pipe, which is, [..]

Like Negligence, this is an area where an insured person may incur liability. ’Nuisance’ refers to the wrong done to a person by unlawfully disturbing him in the enjoyment of his property, or sometime [..]

This clause in an insurance policy details the type of event insured against. Naturally, it varies greatly, depending on the type of policy involved

In Marine insurance this gives an insured the right to abandon lost or damaged property and still claim full settlement from an insurer subject to certain restrictions. For example, until the 1980s th [..]

What does ’accident’ really mean when it comes to policies covering ’accidental injury’ or ’accidental damage’? Primarily, it means that such policies cover events that are not deliberately caused by [..]

Natural occurrence outside human control such as earthquake or typhoon. Contrary to popular opinion these can be specifically included in most insurance policies

Natural occurrence outside human control such as earthquake or typhoon. Contrary to popular opinion these can be specifically included in most insurance policies