Fire insurance of residential units

In fire insurance of residential units the object of insurance is building, installations, and household appliances that are covered against fire risks, explosion, lightning as major risks; and storm, flood, earthquake and volcano, water pipe bursting, damages due to rainwater and snow-melt, crash of aircraft, helicopter and their parts, house appliances and furniture, theft and many other risks. Residential units can be insured by two, individual or group methods. Once the policyholder purchases group insurance policy which covers more than 15 residential units, group discounts are also granted.


Fire insurance of residential units is provided in the form of the following plans:

  • Public plan fire insurance
  • Home and family comprehensive plan fire insurance policy
  • Ordinary home fire insurance policy
  • Fire insurance policy for homes with flood and earthquake coverage
  • Mehr fire insurance policy
Public plan Fire insurance policy

The advantage of this plan with regard to residential homes fire insurance is that the flood consequential risk is also among the obligations of Bimeh Iran (Iran Insurance Co.), without requesting for additional coverage. The reason for this issue as a public plan is that all general and usual risks such as fire, lightning, explosion and flood that are equal risks for all houses are covered. (Iran Insurance Co. started issuing the Public Plan since 2001).

Numerous covers are introduced under each of these plans. The plans include home to home plan, family mental health, computer insurance plan, comprehensive tourists plan, home and family comprehensive plan, public fire insurance plan, industry and production insurance plan, farmers insurance comprehensive plan, insurance plan for workers and house members of workers, Mehr plan, marriage portion insurance plan and marriage dowry insurance plan.

In most of these plans, different insurance coverage of persons and particularly fire are among the major obligations of Bimeh Iran and sometimes provides liability insurance. Public Plan fire insurance is one of the plans that cover flood in addition to major fire risks at a very nominal insurance premium.

House and family comprehensive plan Fire insurance policy

This is one of the public plans of Bimeh Iran (Iran Insurance Co.), designed since August 2003 and introduced by the representatives of the Company referring to the people's homes.

Ordinary Fire insurance policy for residential homes

Upon request of policy holder in this insurance policy, in addition to fire risks, explosion and lightning, the residential building is insured against all additional risks mentioned above with desired capital and at day price and its annual insurance premium should be calculated according to the value of building and house furniture and the insured risks.

Different types of conditions in Fire insurance

The most important and substantial role in determining the relationship between the insurer and the insured is issuing insurance policy because it is the insurance contract that specifies the scope of obligations of parties whereby the policyholder should be bound to pay the insurance premium and the insurer compensates for the damages incurred on the policyholder. Regarding the above, the conditions of fire insurance policy include the following three parts:

* General Conditions
* Private Conditions
* Special Conditions

Remarks:For more information you may contact each of the branches and agencies of Bimeh Iran (Iran Insurance Co.) throughout the country.
Fire Management: +98 21 – 33 97 02 40 – 5
Direct Issuance line: +98 21 – 33 91 69 86 – 33 91 98 84 Public Relations: +98 21 – 88 95 92 32 – 88 95 46 74

Residential homes Fire insurance policy with flood and earthquake coverage

Among the innovative and comprehensive plans of Bimeh Iran (Iran Insurance Co.) is fire insurance of residential homes with flood and earthquake coverage. Since most regions of Iran are prone to earthquake and the earthquake insurance coverage premium is low, this policy has been widely welcomed by the people. Any person may refer to the nearest branch or one of the numerous agencies of Iran Insurance Co. anywhere in the country to purchase fire insurance policy earthquake plan. Risks undertaken by the insurer in this plan are: Fire, explosion, lightning, flood and earthquake.

Mehr Plan Fire insurance policy

This plan that covers different fire insurance, liability and home and family accidents was launched for the first time on 12th October, 2003.

The plan covers the following insurance:

Building, installations and household furniture against fire risks, explosion and lightning.
Policyholder’s liability against physical damages incurred on third parties and neighbors due to the undertaken risks.
Policyholder’s liability against financial losses incurred on third party and neighbors due to the undertaken risks.
Indemnity on death and partial or permanent bodily defects of policyholder or the family members, due to incidents caused during any time of the day or night.
Compensating for medical expenses incurred by accidents to policyholder or to the members of his family, any time of the day or night.
Duration of the insurance policy may be extended from two to five years upon the request of the insured. If the insured applies for coverage of additional risks such as flood, earthquake or storm, this will be covered through attachment.

Definition of attachment

When any change is made in the conditions of an insurance policy such as the name of policyholder, conditions of insurance, amount of capital, the insurance policy will not change but the company (insurer) applies necessary changes through an additional insurance policy, or an attachment (endorsement) which is an integral part of the insurance policy and conditions of indemnifying the damages should be considered according to the issued attachment.