Industrial Fire Insurance

• Clause A – Fire and the consequences of extinguishing it, lightning, explosion and implosion, impact from manned aircraft or parts and objects falling from them;

• Clause B - Natural Disasters (Storm, hurricane, damage from falling branches and trees; Torrential rain, flood from a natural disaster; Damage from gravity due to natural accumulation of snow or ice; Freezing/freezing; Avalanche; Hail);

• Clause D1 – Hit by a road vehicle or animal, accident of lifting (load-unloading) machines;

• Clause D2 – Damage to property during its transport from one address to another with own or hired transport;

• Clause D3 – Sudden leakage of water from sprinkler installations;

• Clause D4 – Breakdown of plumbing, sewage, heating and air conditioning installations;

• Clause D5 – Short circuit and electric shock;

• Clause D6 – Action of underground water or sea waves;

• Clause D7 – Landslide and collapse of earth layers;

• Clause H – Earthquake;

• Clause K – Burglary;

• Clause T – Theft using a technical means;

• Clause C – Vandalism, incl. malicious fire and malicious explosion;

• Clause D – Robbery;

• Clause H – Loss of rental income;

• Clause O – Civil liability of the Insured arising as a result of the occurrence of a risk covered by the policy;

• Clause P1 – Costs for clearing rubble and debris;

• Clause P2 – Costs for moving and storing insured movable property;

• Clause P3 – Expenses for fees of experts, engineers and architects;

• Clause C – Breaking of glass, shop windows, advertising signs and inscriptions.

• Electronic equipment;

• Breakdown of machines;

• Interruption of activity;

• Spoilage of goods in refrigerators due to changes in storage temperature, etc.;

• Money in cash or in a vault;

• War, terrorism, riots, strikes, civil unrest and unrest.

You can determine the sum insured for the insurable properties based on their actual value. The real value is considered to be the value for which another of the same type and quality can be bought instead of the insured property.

The value indicated by you, recorded in the insurance contract, is the insured amount up to which we are liable for damages incurred and covered by the contract.

The correct determination of the insurance amount is extremely important for determining the amount of compensation in the event of an insured event. You can determine the insurance amount of the insured immovable and movable property:

• Based on accounting data at a specific, specified time - balance sheet value, accounting value or a multiple thereof, multiplied by a coefficient specified by you;

• According to an expert assessment by a licensed appraiser or based on average market prices for the specific type of property, taking into account the type, age, quality and technical characteristics;

• On the basis of average or maximum availability for goods and material stocks, at acquisition prices/cost, reported for the previous 12 months or on the basis of the expected sizes of these stocks;

• For certain types of property or covered risks, the insured amount can be defined as a contractual limit of liability.

This insurance will provide you with the following benefits:

• Broad and flexible insurance coverage, tied to your individual needs;

• If you acquire new property during the term of the insurance contract, it will be considered insured for the relevant group of property without payment of an additional premium, if the insurance contract was concluded without an inventory and the value of the newly acquired property is not more than 10% of the initial insured amount of the relevant property group;

• Fast and correct service when concluding the insurance and occurrence of an insurance event and timely payment of damages in full;

• The insured person's deductible does not apply;

• Possibility of issuing the insurance policy in favor of a bank (if you will use a bank loan);

• Option to pay the premium in up to 4 installments;

• We provide a reinsurance program with top class reinsurers and this allows us to maintain the level of service even with catastrophic risks.

You can take out "Industrial fire" insurance at all our offices, as well as at the insurance intermediaries that are our partners.