Fire and other natural elements insurance
Compensation for the entrepreneur, if e.g. fire, flood, hurricane or other elements destroy the company’s property.
The protection covers material damage caused by fire and other fortuitous events, including: precipitation and lightning, hurricane, flood, sudden earth surface movement, inundation due to damage to water supply or sewage systems, and other events mentioned in the general insurance conditions.
Compensation after the damage
We will pay out money if e.g:
your business premises are destroyed by fire, flood, rain, hail, wind or other fortuitous event,
the fire department damages your company’s equipment (e.g. machines, devices) while putting out the fire,
Water from a burst pipe floods the room and destroys items belonging to employees, e.g., their clothing, footwear,
goods or raw materials your company produces are contaminated or polluted, e.g. by smoke or soot from a fire,
a falling tree damages an insured building or fence.
Additional financial support
You may also be reimbursed for costs such as
preventing and reducing the extent of the damage – including rescue operations,
Cleaning up after the damage (including demolition and dismantling),
reconstruction of production or plant documentation,
repair of damaged pipes, tanks and water supply, central heating and other installations.
The insurance agreement may be concluded in four variants covering different scopes of insurance coverage.
Basic coverage
Covers the risk of:
– fire,– explosion
– lightning,
– fall of a manned aircraft, its cargo or part of its cargo.
Extended coverage for water damage
Covers the events listed in the basic coverage and damage due to improper functioning of the plumbing system:
– water supply system,
– heating,
– sewage system,
– technological installations.
Extended scope with additional events
Covers the events mentioned in the basic scope as well as damages resulting from the following events:
– hurricane,
– flood,
– hail
– torrential rain,
– snow,
– landslide,
– collapse,
– avalanche,
– earthquake,
– smoke and soot,
– supersonic bang,
– vehicle impact.
Full coverage
Covers damages resulting from events mentioned in points 1, 2 and 3.
The sum insured can be calculated according to its value:
replacement value,
real,
gross book value,
net book value.
The sum insured shall not be decreased by the amount of damages paid.
