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Our partner is VICTORIA Insurance company Plc. We can provide full insurance protection of property interests of movable and immovable property of Bulgarian and foreign individual and corporate bodies.
FIRE AND ALLIED PERILS
Immovable property: Dwellings, condominiums, offices, facility buildings;
Movable property: Furnishing, technique and devices (consumer electronics, household electric appliances and office equipment), Agricultural facilities, machinery, equipment. Material supplies.
VICTORIA Plc pays the expenses for limiting or decreasing the extent of the losses of the insured property, caused by a covered risk, as well as the expenses for debris removal.
Immovable or movable property is insured, if it is not owned by the Insured, but it is in his legal possession and an inventory list is prepared. The list must contain all individualizing signs of the property and the sum insured per each thing.
According to the Special Conditions and an additionally paid sum insured, the following objects can be insured:
Precious metals and articles of them, coin collections, other collections, books, expensive furs and goods done of fur, fine art, antiquities, masterpieces; Fences, supporting walls, walls.
Perils :
Basic cover "A" - fire, lightning, explosion, implosion, collision or falling down of aircraft, parts of it or its cargo.
Additional cover "A01" Arson: a fire resulting from arson, malicious explosion or other malicious actions by third parties;
Additional cover "A02"Perils of Nature: storm, falling of trees or branches, hail, torrential rainfall, flood, natural accumulation of snow or ice and/or exposure to frost;
Additional cover "A03" Water/Steam Lealage;
Additional cover "A04" Strikes, Civil Commotions, Riots, Disturbance. The Insurer shall indemnify the Insured against total or partial damages to insured property resulting from by uprisings, riots, civil commotion, disturbances, disorders, strikes;
Additional cover "A05" LANDSLIDE, SUBSIDENCE OR DAMAGE DUE TO UNDERGROUND WATER;
Additional cover "A06" SEA WAVE ACTIVITY;
Additional cover "A08" rupture of windows, shop-windows, and advertisement slogans and boards;
Additional cover "A09" MALICIOUS ACTIONS OF THIRD PARTIES;
Additional cover "A10" EARTHQUAKE;
Additional cover "A13" LOSS OF RENT BECAUSE OF FIRE;
Third party liability of the Insured for damages caused to third partiers by the insured property under the covered by the insurance policy event.
INDUSTRIAL FIRE
Fixed assets:
Buildings; Equipment - machinery, installations, implements; other fixed assets; means of transportation (excluding motor vehicles with license plate registration, vessels and aircraft); costs for acquisition of fixed assets (excluding property under construction).
Material supplies - Stock, including raw materials, goods, and work in progress.
Other property - Other property, specified in the property register.
Property belonging to a third party: rented, accepted for repair, processing or storage.
Other costs -for prevention of loss or restriction of damages, incl. removal or protection of the insured property; restriction or reduction of damages after the loss occurrence has taken place, i.e. clearance of debris and removing the remains of the property damaged.
INSURANCE COVER
Basic cover "A": fire, lightning, explosion, implosion, collision or falling down of aircraft, parts of it or its cargo.
Additional cover "A01" Arson: a fire resulting from arson, malicious explosion or other malicious actions by third parties;
Additional cover "A02" Perils of Nature: storm, falling of trees or branches, hail, torrential rainfall, flood, natural accumulation of snow or ice and/or exposure to frost;
Additional cover "A03" Water/Steam Lealage;
Additional cover "A04" Strikes, Civil Commotions, Riots, Disturbance. The Insurer shall indemnify the Insured against total or partial damages to insured property resulting from by uprisings, riots, civil commotion, disturbances, disorders, strikes;
Additional cover "A05" LANDSLIDE, SUBSIDENCE OR DAMAGE DUE TO UNDERGROUND WATER;
Additional cover "A06" SEA WAVE ACTIVITY;
Additional cover "A07" ROAD VEHICLE IMPACT AND / OR DAMAGE OF PROPERTY DUE TO ACCIDENTS INVOLVING FREIGHT MACHINERY DURING LOADING AND UNLOADING;
Additional cover "A08" rupture of windows, shop-windows, and advertisement slogans and boards;
Additional cover "A09" MALICIOUS ACTIONS OF THIRD PARTIES;
Additional cover "A10" EARTHQUAKE;
Additional cover "A11" SUDDEN LEAKAGE OF WATER FROM SPRINKLER INSTALLATIONS;
Additional cover "A12" damages to property during change of address.
BUSINESS INTERRUPTION / INDUSTRIAL FIRE INSURANCE
Financial losses of the Insured caused from Business Interruption resulting from damages on the property for production purposes and if the insurance event is covered under the Industrial Fire General Conditions of VICTORIA Plc. Coverage under the present addition shall be provided only if there exists valid property policy.
VICTORIA Plc. shall indemnify the actual financial losses resulting from:
Income/turnover decrease;
Increase of production expenses;
Advisably made by the Insured expenses for experts account, trade or other reports, which the Insurer may require with respect to present contract;
Salaries /for the staff under labor agreement for stated period, negotiated between the parties.
The Insurer is liable only for those losses due to Business interruption resulting form direct material damages on the insured property.
BURGLARY, ROBBERY AND VANDALISM INSURANCE
Personal property that is already insured against "Fire an Allied Perils", and "Industrial Fire":
fixed assets incl. equipment- machinery, wrapping, business inventory and etc.;
material supplies - materials, goods, production, unfinished production;
technique and devices, household electric devices, home property, electric devices;
jewelry, pearls, precious stones, unprocessed precious metals, (except those used for decoration);
shares, stocks, cheques and etc., saving-bank books;
personal property on special agreement;
items of historic, numismatic, artistic value and philately. Masterpieces, unique things and etc.
No additional premium shall be due for indemnifying damages of the immovable property caused by burglary. The indemnity shall not exceed 5 % of the real value of the property, as per the Insurance Policy against Fire and allied perils.
Cover:
Risk "B" BURGLARY - this is the act of taking away of the personal property of the Insured of his proprietorship without his voluntary consent in order to misappropriate.
Destroying, damaging or undermining of bars (doors, windows, walls, and floors) firmly made to protect the insured property.
Force opening of a safe or depository, placed in an insured premise, by using special technical devices to penetrate into them.
Risk "B01" VANDALISM - this is the action of breaking into the insured property and intentionally destroying or damaging it.
Risk "B02"ARMED ROBBERY IS:
Illegal taking away of insured property by threat in order to stop the resistance of the Insured or the members of his family, his business partners or men that work on the place of the Insurance. By "threat' is meant the sudden act of extreme danger for the health or the life of the Insured or the above listed persons.
When the insured property is taken away of the Insured when he is unconscious or defenseless.
Each theft, when the perpetrator is caught in the act of crime and by force or threat tries to keep the insured property in his possession. |
