Special Contingencies

Quite often, clients who may find conventional policies in fire or miscellaneous department not fully catering to their complete requirements, seek for special tailor-made policies. The cover is a combination of fire, burglary, accidental damage and other contingencies. To facilitate issue of such tailor-made policies, a Special Contingency policy has been devised.

Salient Features

The special merit of this policy is that the scope of contingencies to be covered is kept open which in each case the Insured can chose.

The Scope of Cover, Benefits and Exclusions will be agreed upon by the Insured and the Insurer based on the requirement of the Insured.


The following exclusions are standard to any Special Contingency policy:

  • Loss or damage attributable to war and warlike perils
  • Damage caused by overloading or strain
  • Consequential loss, depreciation, wear and tear or mechanical breakdown
  • Loss or damage occurring whilst being used for racing or pace making
  • Nuclear perils