Insurance of property
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Property insurance |
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EUROPEAN INSURANCE ALLIANCE offers property insurance programmes for enterprises in case of any unforeseen circumstance:
- fire;
- explosion;
- stroke of lightning;
- fall of manned flying objects;
- damage by water because of the failure of water-distribution system, heating system, collecting system, firefighting system, water invasion from neighboring premises;
- action of natural force and natural disasters;
- collision of vehicles;
- third party unlawful acts (burglary, robbery, assault, hooliganism).
We underwrite: buildings, constructions, operating equipment, raw materials and end products, material assets at warehouses, office furnitures, and office appliances.
Sum insured shall be the value of property which shall be set upon agreement between the parties within the limits of the sum, which is necessary for renewal or purchase of the property, which shall be analogous to the insured one, on the basis of the actual cost, appraisal or according to the property balance sheet value.
Insurance premium shall depend on the sum insured, category and quantity of the property, type and extent of risk, and insurance period.
Insurance tariff: 0,1% — 1,5% of the sum insured.
Benefit shall be paid in the amount of the damage that has occurred as a result of the insured event, on the basis of the sum insured and extent of injury to the property. In case of full loss of the property the total sum insured shall be paid.
In addition to the property policy You can insure interruption of production operations in case of suspension of production process as a result of the abovementioned risks.
Third party liability of enterprises.
This insurance type shall be carried out against the environmental damage and injury to the property, health and life of the third parties as a result of:
- sudden and unforeseen breakdown;
- fire;
- other specific risks arising in the process of economic activity of the Insured Enterprise.
The amount of liability underwritten (the sum insured) shall be the total sum of own third party liability, within the limits of which EUROPEAN INSURANCE ALLIANCE will compensate for damage upon occurrence of the insured event, set by the Insured Enterprise.
Insurance premium shall depend on the sum insured, type and extent of risk, and insurance period.
Insurance tariff: 0,1% — 1,5 % of the sum insured.
Benefit shall be paid within the limits of the sum insured proceeding from the damages set on the basis of the conclusion of the competent authorities.
Construction all risks insurance
Property insurance for the period of the building and construction works against its loss or damage as a result of:
- fire;
- failure during explosion, drilling, gas and arc welding (cutting), and other building and construction and balancing and commission works;
- flooding (damage) by water and other liquids;
- natural disasters;
- damage of construction projects by construction engineering and other equipment or workers at construction and exploitation works;
- thefts and other third party unlawful acts.
We underwrite: buildings and constructions (including temporary); construction equipment, carrying and lifting equipment, power installation, etc., machines; materials and other property located at the construction plant; construction and installation projects.
Sum insured shall be the value of property which shall be set upon agreement between the parties within the limits of the sum, which is necessary for renewal or purchase of the property, which shall be analogous to the insured one. For construction and installation projects, the sum insured shall be set within the limits of their total cost (construction contract value), including the cost of materials, designing, transporting, labor power, etc.
Insurance premium shall depend on the sum insured, category and quantity of the property, type and extent of risk, and insurance period.
Insurance tariff: 0,1% — 1,5% of the sum insured.
Benefit shall be paid in the amount of the damage that has occurred as a result of the insured event, on the basis of the sum insured and extent of injury to the property. In case of full loss of the property the total sum insured shall be paid.
Third party liability insurance for the building and construction works shall provide the compensation for an environmental damage and injury to the property, health and life of the third parties as a result of economic activity of the construction (contracting) organization in case if:
- the damage is directly connected with the building and construction and balancing and commission works, and guarantee maintenance;
- the accident, involving damage, has taken place on the territory of the works carried out or in close vicinity to it.
The amount of liability underwritten (the sum insured) shall be the total sum of own third party liability, within the limits of which EUROPEAN INSURANCE ALLIANCE will compensate for damage upon occurrence of the insured event, set by the Insured Enterprise
Insurance premium shall depend on the sum insured, type and extent of risk, and insurance period.
Insurance tariff: 0,5% — 2% of the sum insured.
Benefit shall be paid within the limits of the sum insured with regards to the extent of the damage done.
Licenses of Ministry of Finance of Ukraine series АА №110669, АВ №299501, №299924.
Insurance of industrial vehicles and production equipment against failures
Insurance of industrial vehicles and production equipment against failures as a result of:
- unforeseen failures and defects of the property insured;
- errors and negligence of the personnel of the Insured and third parties;
- emergency, within the limits of which the material damage is covered, that happens suddenly and unexpectedly unless this is not an exception stipulated in the conditions of insurance or agreement (in compliance of the safety rules);
- errors in constructions and estimation, errors during production and installation, casting and material;
- tearing as a result of centrifugal effect;
- short-circuit failure;
- water shortage in steam generators;
- physical explosion.
We underwrite: machines, mechanisms, machinery and processing installations (steam boilers, turbine objects, generators, etc.).
Sum insured shall be the value of property which shall be set upon agreement between the parties within the limits of the sum, which is necessary for renewal or purchase of the property, which shall be analogous to the insured one. The sum insured shall be set within the limits of their total cost (new replacement cost), including customs duty, transport costs, installation cost, etc.
Insurance premium shall depend on the sum insured, category and quantity of the property, type and extent of risk, and insurance period.
Insurance tariff: 0,6% — 2,0% of the sum insured.
Benefit shall be paid in the amount of the damage that has occurred as a result of the insured event, on the basis of the sum insured and extent of injury to the property. In case of full loss of the property the total sum insured shall be paid.
