Which requirement is included in every fire insurance contract under statutory conditions?

In every fire insurance contract, compliance with legislation is a fundamental requirement. This ensures that the terms of the policy align with the legal standards and regulations set forth by governing bodies, which can vary by jurisdiction. By embedding this requirement within the statutory conditions, it safeguards the interests of both the insurer and the policyholder, ensuring that all parties adhere to relevant laws governing insurance practices.

While premium adjustments, claim audits, and monthly reviews may be part of individual policies or the overall management of insurance contracts, they are not universally mandated across all fire insurance contracts. The focus on legislative compliance highlights the necessity for coverage to be legally valid and enforceable, which is crucial for the protection of all involved parties.