Summary |
Fire policy drafting is a very important section of the fire department. The fire policy drafter prepares the legal contract, signed by a senior official of his company, which expresses in writing the intention of the two parties to the contract, the insured and the insurer. One party to the contract is the proposer owning property that he wishes to insure against loss or damage by certain perils. The other party to the contract is the insurer who for an agreed consideration, knows as the premium, is prepared to give cover against the desired contingencies. There is a very real relationship between these parties and their common meeting ground is the fire insurance contract.
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