Although bushfire season is here, this risk is only one of a host of different sources of fire. Arson is often the cause of fire and poor maintenance standards are another serious fire risk for businesses.
For instance, damaged or old electrical cabling is all too often the cause of a fire, especially in older buildings. Another problem, says Michael White, Steadfast’s broker technical manager, is incorrect storage of flammable materials.
“Too often, fires are caused when flammable materials are not safely stored, or they are stored with non-flammable materials. Expanded polystyrene or EPS is an especially serious fire risk,” he explains, adding “that’s a very common issue that comes up in commercial buildings, particularly in food processing industries.”
These panels are commonly used in areas that are refrigerated such as cool rooms. While refrigerators are not typically flammable, if a fire does occur in a cool room, EPS panels help the fire to spread. And they are very hard to extinguish once they are alight.
“Insurance policies respond in different ways when a fire occurs”
Read the full article at Steadfast Well Covered
Important note – the information provided here is general advice only and has been prepared without taking in account your objectives, financial situation or needs.