Insurance Quest

SFSP Policy Covered Perils: What’s Protected and What’s Not? (2 min read)

SFSP Policy Covered Perils: What’s Protected and What’s Not? (2 min read)

What does the SFSP policy cover? This article breaks down the SFSP Policy Covered Perils—from fire and lightning to storms and explosions—so you know what’s protected and what’s not! The Standard Fire and Special Perils (SFSP) Policy provides protection for property and assets against fire and specific named risks. However, since it is a named … Read more

Understanding SFSP Policy: Transferability and Terminations

Understanding SFSP Policy: Transferability and Terminations

The Standard Fire and Special Perils (SFSP) policy is an insurance policy that provides coverage for damage or loss caused by fire and special perils such as floods, earthquakes, and storms. While this policy is generally taken for a period of one year, there may be situations where a short-term policy is needed, and the … Read more