Commercial property insurance is a type of voluntary insurance that provides compensation against damage and minimises losses incurred by your company due to property damage. You can choose the risks that, in your opinion, pose the greatest threat in the framework of your company's business.
The objects of insurance are the property interests of the Insured related to the ownership, use and disposal of property in case of damage or destruction as a result of fire and other risks.
The objects of insurance may be:
A. Property Insurance Against Fire Risks – is the primary (mandatory) coverage and is included in all property insurance programs.
As part of this package, we offer you insurance cover against fire and smoke; lightning strike; gas explosion; falling or crashing of manned aircraft or their debris. This package is the minimum coverage under property insurance.
Other types of property insurance are optional and can be used in any iteration with the mandatory inclusion of fire risks insurance.
B. Property Insurance Against Water Damage
According to the terms of this package, the property of your company is provided with protection against damage caused by water as a result of breakage of water, sewer or fire fighting systems. In addition, if your company has a sprinkler system, separate coverage is provided against the false activation of the sprinkler system.
C. Property Insurance Against Natural Disasters
This package provides protection against natural disasters and catastrophic natural phenomena – storms; hail; heavy rain; snow pressure; vortex; earthquake; landslide; flood.
D. Property Insurance Against Malicious Acts By Third Parties
By purchasing this package, you protect the property of your Company from damage caused by burglary or robbery, as well as acts of vandalism.
E. Business Interruption Insurance
Under this package, the company receives financial protection and insurance against loss of profit, as well as compensation of fixed and additional costs incurred as a result of insured event occurrence leading to business interruption.
In addition, we offer you extensions to these packages:
* plate glass insurance;
* war risks insurance;
* property insurance against damage caused by civil commotions and riots;
* property insurance against damage caused by strikes or lockouts.
Buying a property insurance program, you can insure buildings and structures, as well as their interior decoration, improvements, fixtures (including outdoor light advertising), office furniture and equipment, stocks of raw materials and finished products at book value, market or replacement cost throughout Ukraine.
Given the individual features of your company, we can offer property insurance against the risks listed above at the following rates (insurance premium is calculated based on the insured amounts):
* Buildings/structures – 0.03%-0.25%;
* Interior decoration and furniture – 0.03%-0.25%;
* Computer and office equipment – 0.03%-0.25%;
* Buildings/structures of warehouse facilities – 0.03%-0.35%;
* Products in stock – 0.03%-0.35%.
Our employees will help you calculate the cost of the program, choose the optimal policy among reliable insurance companies, prepare documents for compensation in the event of an insured event occurrence, and also advise on all insurance issues.
More detailed terms and conditions of insurance for the property of your business, as well as the list of risks to be covered, will be provided after you fill out the questionnaire.
We will be happy to answer any questions or help you to choose insurance program you need.Free consultation