STFI stands for Storm, Tempest, Flood, and Inundation—a group of natural perils typically covered under the Standard Fire and Special Perils (SFSP) policy. These events can cause major damage to property, stock, or machinery, especially in flood-prone or coastal areas.
STFI Covers:
- Storm – Strong windstorms damaging structures and assets
- Tempest – Severe weather disturbances (e.g., cyclones)
- Flood – Overflow of water from natural or artificial sources
- Inundation – Waterlogging due to heavy rains or drainage failure
Why STFI Matters
| Scenario | With STFI Cover | Without STFI Cover |
|---|---|---|
| Cyclone damages factory roof | Covered | Not Covered |
| Floodwater ruins stock in warehouse | Covered | Not Covered |
| Rainwater enters and affects machines | Covered | Not Covered |
Should You Opt for STFI?
Yes—especially if your premises are:
- Near rivers, lakes, or coastal zones
- In areas with heavy rain or poor drainage
- At or below ground level where water can accumulate
STFI coverage is essential in today’s climate conditions. Always confirm it’s included in your fire insurance policy to avoid claim disputes and financial losses.
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