This policy provides cover for physical loss or damage to all tangible property owned, leased, held in trust, or on commission or for which you are held legally responsible for but excluding property specifically insured such as motor vehicles.

Perils covered are Fire, Lightning, explosion, earthquake, non-political riot, strike and malicious damage, storm, hail burst pipes, aircraft, and aerial devices dropped there from etc.

The policy also provides coverage for theft, money, goods in transit, glass, business interruption, and claims preparation costs.