The most basic form of protection for your assets like buildings, stocks, furniture and other contents is insurance against the contingencies of fire, lightning etc. Starting from this cover it would be possible to 'add on" cover for various perils and contingencies to the point of virtually converting the cover into an "All Risk" category. To ensure that your insurance policy would deliver when you need it most, it is important to select the right cover. Clauses amending the scope of cover for customizing and widening the basic cover need to be added.