What are the exceptions to the Canada Fire Insurance Act?
As per Chapter 10 of the Canada Fire Insurance Act, the following are not included in a fire insurance Canada policy: • Insurance falling under the categories of inland transportation, aircraft, sprinkler leakage and theft, automobile, boiler and machinery, marine, plate glass; • Where the coverage is rent, loss of profits or charges; • Where the hazard is an incidental peril to the coverage in contract or • where the cover is against property insured by an insurer(/s) as a nuclear risk, as a part of a policy that covers damage to or loss of property arising from nuclear radiation or nuclear reaction and from other perils.
