A fire insurance contract does not ensure the safety of the insured property. Its purpose is to see that the insured does not suffer pecuniary loss from the insured property due to fire. If the insured property is transferred to another person, the contract of insurance comes to an end. It is not connected with the subject matter of insurance. Thus fire insurance is a mere personal contract between the insurer and the insured. If the loss is due to ‘fire’ within the meaning of the policy, it is immaterial about the cause of the policy and the insurer is liable to indemnify the insured.
