Fire Insurance
Fire Insurance CRM for Consultants & Advisors
Drive your insurance consulting business with intelligent tools to handle fire insurance policies, automate processes, and safeguard your clients' assets with confidence, powered by Shiven CRM, the specialised CRM tool for insurance experts.
What Is Fire Insurance?
Fire insurance is a policy that is specialized to give financial compensation for loss or damage arising from fire and allied perils. Fire insurance covers buildings, stock, machinery, furniture, and other tangible assets, enabling companies, residents, and institutions to recover from untoward fire incidents. Whether the loss arises due to accidental fire, lightning, explosion, or riot, fire insurance serves as an important shield. For insurance consultants and advisors, providing fire insurance provides high-value opportunities in commercial and residential segments. With Shiven CRM, the sales of fire insurance, renewals, claims, and client interaction become effortless and completely digitised.
Types of Fire Insurance Policies
Shiven CRM enables advisors to ensure that the appropriate policy matches client requirements, depending upon risk profile, asset type, and coverage extent.
Standard Fire & Special Perils Policy
Covers against fire, lightning, explosion, storm, flood, riot, strike, and vandalism. For homeowners, shopkeepers, and small business firms.
Valued Policy
The amount of insured property is fixed at policy start, paying a fixed sum in the event of total loss.
Floating Policy
Provides cover for movable goods at various points under one policy. For traders and distributors.
Specific Policy
Covers a particular asset to a certain amount. Suitable for individual items or premises. .
Comprehensive Fire Insurance Policy
An all-risk policy that goes beyond fire to cover burglary, natural disasters, and accidental loss. Popular among commercial customers and manufacturers.
Add-On Features under Fire Insurance
Shiven CRM facilitates easy client education on voluntary features clients can include to enhance Fire coverage. Popular add-ons are:
- • Room Rent Waiver: Eliminates the limit on room category in case of
hospitalization
- • Maternity Cover: Covers the costs of delivery and treatment of the
newborn
- • Daycare Procedures: Covers short procedures or treatments not
needing 24-hour hospitalization
- • AYUSH Coverage: Covers alternate therapies such as Ayurveda, Yoga,
Unani, Siddha, and Homeopathy
- • OPD Benefits: Covers outpatient visits, dental treatment, and
routine check-ups
What Is Shiven Fire Insurance CRM?
Shiven CRM is a highly specialized digital platform that assists Fire insurance sales teams with handling each step of the Fire insurance process from lead procurement and policy comparison to claims assistance and renewals. All client data, policies, follow-ups, and service requests are structured in a simple-to-use dashboard that can be reached anywhere, at any time.
Key Features for Shiven Fire Insurance CRM
Smart Client Profiles
Create in-depth profiles with age, family size, medical history, and policy requirements. The CRM recommends automatic plan and add-on matching.
Plan Comparison Tools
Allow your agents to compare multiple Fire insurance companies with side-by-side benefits, premium costs, and features.
Renewal Automation
Don't miss a renewal. Shiven CRM sends automated reminders to clients via email, SMS, and WhatsApp before policy renewal.
Document Management
Safely upload, store, and retrieve policy documents, medical reports, KYC documents, and claim-related documents.
Claims Assistance Tracking
Track claim status, support tickets, and client inquiries, all in one place for quicker service and improved retention.
Lead Scoring & Sales Pipeline
Prioritise high-priority leads, assign follow-ups, and monitor deal phases to improve policy closure rates.
Managerial Benefits with Shiven CRM
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Shiven CRM is designed not just for sales agents, but for team leaders and agency heads who want
total control and clarity.
- • Centralized dashboard to manage all clients, leads, and policies
- • Team performance reports with daily, weekly, and monthly views
- • Reduced operational delays with real-time updates
- • Simplified compliance tracking and documentation
- • Cloud-based access for field agents and remote teams
Key Policy Features
-
Instructing clients on fundamental policy terms increases trust and creates reasonable
expectations. The following are significant factors your staff needs to inform clients about:
- 1. Waiting Periods: The majority of Fire insurance policies
come
with a waiting period before the ability to claim specific benefits. These include
maternity, particular illnesses, or pre-existing conditions.
- 2. Portability: Customers may change to another insurer without
losing the continuity advantages, including the waiting period credit. Shiven CRM can handle
portability requests and paperwork
- 3. Pre-Existing Diseases (PED): These are conditions that the
client
has prior to taking the policy. PEDs are covered after a waiting period specified in the
policy.
- 4. Exclusions: Exclusions are conditions or treatments that are
not
covered under a policy. Some common exclusions are cosmetic surgery, self-inflicted damage,
and substance abuse treatment.
Why Choose Asset Management Life Insurance CRM?
Asset Management CRM is a specialized digital platform designed for managers and their insurance sales teams to efficiently handle client portfolios, policy management, communication, and sales pipeline all in one secure dashboard.
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By assigning this tool to your employees, you enable them to:
- • Track leads and client interactions
- • Automate renewal reminders and
follow-ups
- • Manage KYC and documentation
digitally
- • Compare insurance plans from
multiple providers
- • Monitor sales performance and conversion rates
Frequently Asked Questions
Answered all frequently asked questions. Still confused? Feel free to contact us.