Last 2023, the Bureau of Fire Protection (BFP) recorded a 21.1% increase in fire-related incidents in the Philippines. And as everyone knows, fire is one of the deadliest hazards out there which makes the need to be protected even more urgent than ever.
So in commemoration of Fire Prevention Month, Pacific Union would like to share the benefits of Fire Insurance for you and your loved ones.
Property Protection
Fire insurance covers damage and loss caused by fire and lightning to your building, including contents, and personal belongings. This means that through fire insurance, even valuables destroyed by fire can be replaced.
With Pacific Union’s Fire Insurance coverage, you are ensured to be protected from losses like these which will help you recover financially.
Financial Security
The cost of repairing your property during the event of a fire can be expensive and can leave a huge blow to your finances.
Fortunately, Fire insurance provides financial security by covering these expenses such as the cost of construction, repairs, and replacing lost or damaged items. This saves policyholders from financial burden and gives them a peace of mind in case of a covered loss.
Allied Perils
In a fire insurance policy, Fire and Lightning are your standard coverage but aside from these, Pacific Union’s Fire Insurance can also include Allied Perils for more coverage and protection for you and your loved ones.
These include earthquakes, typhoons, floods, volcanic eruptions, riots, strikes, and malicious damage.
Contact us today and get your fire insurance coverage!
Related Article:
BFP records 21.1 percent increase in fires in 2023