Fire Insurance protects against loss and damage caused by fire, floods, earthquakes, landslides, etc.The scope of fire insurance is very high because it can be integrated to cover the loss of ‘business interruption’ and ‘consequential loss’ to cover the loss of net profit, standing charges or any incidental charges like, loss of rent, debris removal fee or engineer fee during the period when the business is unable to operate following a fire.  It covers your personal properties as well as your organisation and its assets.