Fire Insurance

Basic coverage:

1. Fire
   Loss or damage caused by fire.

2. Lightning
   Damage directly caused by lightning.

3. Explosion
   Explosion is defined as any sudden release of energy resulting from the expansion of gas or vapor.

4. Aircraft Impact
   Loss caused by aircraft, including loss directly resulting from actual physical contact between an aircraft and/or any object falling from an aircraft with the property or interest insured under this policy or with the building containing such property or interest.

5. Smoke
   Smoke originating from the burning of the insured property.

Extended coverage:

1. Riot, Strike, Malicious Damage, and Civil Commotion (RSMDCC) – clause attached

2. Flood, Windstorm, Tempest, Water Damage (FWTWD) – clause attached

3. Short Circuit

1. EXCLUDED RISKS

   1.1 This policy does not cover loss or damage to the insured property and/or interests directly or indirectly caused by or arising from:
   1.1.1 Theft and/or loss at the time of or following an insured event under the Policy;
   1.1.2 Intentional acts of the Insured, the Insured’s representatives, or any other party under the Insured’s instruction;
   1.1.3 Intentional acts of a third party with the knowledge of the Insured, unless it can be proven that it occurred beyond the Insured’s control;
   1.1.4 Errors or deliberate negligence by the Insured or their representatives;
   1.1.5 Forest fires, brush, grassland, or peat fires;
   1.1.6 Any type of explosives;
   1.1.7 Nuclear reaction, including but not limited to nuclear radiation, ionization, fusion, fission, or radioactive contamination, whether occurring inside or outside the building where the insured property and/or interests are located;
   1.1.8 Earthquake, volcanic eruption, or tsunami;
   1.1.9 Any form of business interruption.

   1.2 This policy does not cover loss or damage to the insured property and/or interests directly or indirectly caused by, arising from, or resulting from the following risks and/or costs, unless expressly covered by a specific extension of coverage:
   1.2.1 Riot, strike, labor disturbance, malicious damage, civil commotion, popular uprising, takeover of power, revolution, rebellion, military force, invasion, civil war, war and hostilities, treason, terrorism, sabotage, or looting. In any claim, suit, or other proceedings where the Insurer asserts that any loss is directly or indirectly caused by one or more of the excluded risks above, it is the responsibility of the Insured to prove otherwise;
   1.2.2 Vehicle collision, industrial smoke, landslide, flood, water accumulation, hurricane, or storm;
   1.2.3 Costs of debris removal.

2. EXCLUDED PROPERTY AND INTERESTS

   2.1 Unless expressly covered by a specific extension of coverage, this policy does not cover loss or damage to property caused by:
   2.1.1 Spontaneous combustion or heat generated by the nature of the property itself;
   2.1.2 Short-circuiting occurring in any electrical or electronic equipment unit, except for equipment used for household purposes, whether or not it causes fire.

   2.2 Unless explicitly stated as insured property and/or interests in the Coverage Summary, this policy does not cover:
   2.2.1 Property belonging to others that is stored or entrusted on trust or commission;
   2.2.2 Motor vehicles, heavy equipment vehicles, locomotives, aircraft, ships, and similar;
   2.2.3 Precious metals, jewelry, gemstones, or precious stones;
   2.2.4 Antiques or works of art;
   2.2.5 Any manuscripts, plans, drawings or designs, patterns, models, or castings and molds;
   2.2.6 Securities, bonds, stocks, or any negotiable instruments and documents, stamps, revenue stamps, banknotes and coins, cheques, business books, and computer records;
   2.2.7 Computer software, magnetic cards, chips;
   2.2.8 Foundations, underground structures, fences;
   2.2.9 Trees, plants, animals, and/or livestock;
   2.2.10 Gardens, land (including topsoil, fill, drainage, or culverts), waterways, roads, runways, railway tracks, dams, reservoirs, canals, oil drilling rigs, wells, underground pipes, underground cables, tunnels, bridges, shipyards, harbors, docks, and offshore property, including underground mining property.