Other Types of Property Insurance
Description and purpose
Other property insurance provides financial protection against specific risks such as theft, hail, frost, and other natural or social events that may damage owned assets or impact the commercial activity of the insured. These policies are particularly used in the agricultural, industrial, and commercial sectors.
Other property insurance provides financial protection against specific risks such as theft, hail, frost, and other natural or social events that may damage owned assets or impact the commercial activity of the insured. These policies are particularly used in the agricultural, industrial, and commercial sectors.
Target audience
Individuals and legal entities owning assets exposed to risks, including farmers, traders, and manufacturers.
Individuals and legal entities owning assets exposed to risks, including farmers, traders, and manufacturers.
Coverage and risks
Property insurance covers:
Property insurance covers:
- Theft of assets – protects equipment, inventory, and other valuable assets against theft and vandalism.
- Destruction of agricultural crops – protection against hail, which can cause severe damage to agricultural crops.
- Damage to assets exposed to frost – protection for goods affected by extremely low temperatures, such as agricultural crops and water installations.
- Damages caused by natural phenomena – including storms, hail, and floods that can affect structures and owned assets.
Types and options
- Theft insurance: protects assets against theft and vandalism, including damages caused by forced entry.
- Natural risk insurance: covers damages caused by hail, frost, floods, and other natural phenomena that may damage assets.
- Agricultural crop insurance: protects crops against damages caused by adverse weather conditions such as hail and frost.
- Theft insurance: protects assets against theft and vandalism, including damages caused by forced entry.
- Natural risk insurance: covers damages caused by hail, frost, floods, and other natural phenomena that may damage assets.
- Agricultural crop insurance: protects crops against damages caused by adverse weather conditions such as hail and frost.
Benefits
Financial protection for valuable assets, reduced financial impact of losses caused by natural and social risks, financial support for the quick recovery of crops, and economic stability in case of unforeseen losses.
Financial protection for valuable assets, reduced financial impact of losses caused by natural and social risks, financial support for the quick recovery of crops, and economic stability in case of unforeseen losses.
