(かさいほけん)

かさいほけん
noun
fire insurance
financedaily-life
1. fire insurance
Insurance that covers damage or loss caused by fire. In Japan, fire insurance policies typically also cover natural disasters such as typhoons and flooding.
火災保険(かさいほけん)加入(かにゅう)する
To take out fire insurance.
火災保険(かさいほけん)更新(こうしん)手続(てつづ)した
I completed the renewal procedures for fire insurance.
When moving into a rental apartment, enrollment in fire insurance is often mandatory.

Compound of 火災(かさい) (fire, conflagration) + 保険(ほけん) (insurance). One of the most common types of property insurance in Japan.

Usage

In Japan, 火災保険(かさいほけん) is practically required for both homeowners and renters. Most rental contracts require tenants to purchase fire insurance. Despite the name, Japanese fire insurance policies often include coverage for wind damage, water damage, and other perils — though earthquake coverage (地震保険(じしんほけん)) is a separate add-on.

Common collocations

Similar words