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f) Discount in premium is given based on past claims history & fire
protection facilities provided at the premises.
g) One can also opt out of riot, strike, malicious damage covers and flood
group perils for reduction in premium.
The rating pattern may again vary from insurer to insurer.
Test Yourself 1
A fire policy for commercial risks covers the perils of ________
I. Explosion
II. Implosion
III. Both of the above
IV. None of the above
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