I want to insure the interior furnishings of my office. What kind of insurance would be suitable? The structure of the office is already insured.
—Keshav Sinha
You should buy a standard fire and special perils policy. This policy will cover risks such as fire, flood, earthquake, and third-party malicious damage.
Interior furnishings of an office could be either leasehold improvements or furniture and fittings. Often, at the time of claim, there is a dispute on whether sum assured was classified correctly by the insured. To avoid ambiguity, ask for the ‘designation of property’ clause in your fire policy. In this clause, insurers agree to accept classification as per the books of account of the insured.
I have been smoking for the past five years. Will I be able to buy a health insurance policy?
