d) Cover for STFI and RSMD perils can also be given during currency (where they. In the subject of insurance STFI means:- Strom, Cyclone , Typhoon , Tempest , Hurricane , Tornado , Flood or Inundation. The Standard Fire & Allied Perils (STFI) Policy is suitable for the owner of property, one who. Standard Fire and Special Perils Insurance is a traditional cover that offers cover. Fire Insurance · Fire · Lightning: · Explosion / Implosion: · Aircraft Damage: · Riot, Strike and Malicious Damage (RSMD): · Storm, Cyclone, Typhoon, Tempest,.