Insuring homes against fire

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AMID the increasing number of fire accidents, Malayan Insurance urged property owners to secure their homes against fire.

“Fires are disasters that put lives and homes in danger, and through planning and vigilance, these terrible losses can be prevented,” Malayan Insurance First Vice President for Marketing & Communications Martin D. Yuchioco said in a statement. “Our products, Home Protect and Business Protect both offer coverage for losses caused by fires.”

Data from the Bureau of Fire Protection (BFP) showed 14,316 fires were reported as of December 2018, 0.84% higher than 2017.

The BFP said the leading causes of fires are “malfunctioning or faulty electrical connections, lit cigarette butts, and open flames from unattended stoves.”