Fire and Other Natural Disaster Insurance
Description and purpose
Fire and natural disaster insurance provides financial protection against risks that may affect personal or commercial properties. These risks include fires, explosions, storms, landslides, floods, and other natural phenomena. The purpose of the insurance is to protect the value of the investment and ensure business continuity in case of unforeseen losses or damages.
Fire and natural disaster insurance provides financial protection against risks that may affect personal or commercial properties. These risks include fires, explosions, storms, landslides, floods, and other natural phenomena. The purpose of the insurance is to protect the value of the investment and ensure business continuity in case of unforeseen losses or damages.
Target audience
Individuals and legal entities owning real estate properties (buildings, homes) or movable assets (equipment, inventory).
Individuals and legal entities owning real estate properties (buildings, homes) or movable assets (equipment, inventory).
Coverage and risks
Fire and natural disaster insurance covers:
Fire and natural disaster insurance covers:
- Fire – including damages caused by firefighting interventions.
- Explosion – damages caused by accidental explosions.
- Storms and other natural phenomena – such as floods, hail, landslides, and earthquakes.
- Nuclear energy – damages caused by nuclear incidents, within the limits specified in the policy.
- Landslides – damages caused by earth movements affecting the structure of buildings and assets.
Types and options
- Home insurance: covers damages to homes and personal belongings.
- Commercial building insurance: protects buildings and equipment used for commercial activities.
- Equipment insurance: covers damages to equipment used in production processes or other economic activities.
- Home insurance: covers damages to homes and personal belongings.
- Commercial building insurance: protects buildings and equipment used for commercial activities.
- Equipment insurance: covers damages to equipment used in production processes or other economic activities.
Benefits
Financial protection against significant losses, continuity of operations after a major incident, coverage for repair or replacement costs of affected assets, and economic stability in case of unforeseen events.
Financial protection against significant losses, continuity of operations after a major incident, coverage for repair or replacement costs of affected assets, and economic stability in case of unforeseen events.
