There is fire when something burns. In other words fire means visible flames or actual ignition. Simmering/ smoldering is not considered fire in Fire Insurance. Fire produces heat and light but either of them alone is not fire. Lightening is not a fire but if it ignites something, the damage may be due to fire. Under fire insurance policy, in addition to fire, other 12 perils are also included and the policy is known as “Standard Fire and Allied Perils Policy”.
The following are the 12 perils covered under the Fire Policy.