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Business

Questions and answers
Who can be the policyholder?

The policyholder can be an enterprise, institution, organization, or other legal entity.

If the property is subject to a bank lien, it can be insured, with the bank mandatorily being the beneficiary of the insurance policy. Banks typically establish a procedure for accrediting (admitting) insurance companies to insure collateral items. Please verify the availability of accreditation with our specialists.

The cost of insurance depends on several factors, including:

  • Type of insurance: life, health, auto, property, liability.
  • Sum insured: the amount of coverage affects the cost of insurance. The higher the sum insured, the higher the premiums.
  • Age and health of the insured: younger and healthier individuals often pay less for life and health insurance.
  • Condition of the insured object: for auto insurance, the age, model, and condition of the vehicle are important. For property, the material it is built from and its usage are considered.
  • Location: the place of residence or location of the insured object can affect the risks and, accordingly, the cost of insurance.
  • History of insurance claims: the presence of previous claims can increase the cost of insurance.
  • Selected options and additional coverage: additional options and extended coverage also affect the final cost.

You can insure various aspects of your activities and assets:

  • Property insurance: Protection of buildings, offices, equipment, warehouse goods, and other material assets from risks such as fire, flooding, theft, and other damages.
  • Liability insurance: Compensation for damages that may be caused to third parties as a result of the company's activities. For example, professional liability, civil liability, product liability.
  • Employee insurance: Life and health insurance for employees, accident insurance, medical insurance.
  • Auto insurance: Insurance for company vehicles, including coverage for accidents, theft, and damage.
  • Business interruption insurance: Protection against financial losses if the business has to suspend its operations due to unforeseen circumstances.
  • Cyber insurance: Protection against risks associated with cybercrime, including data theft, hacking, and other cyber threats.

These types of insurance will help you protect your assets, ensure business continuity, and minimize financial risks.

Yes, an MTPL (mandatory civil liability insurance for vehicle owners) must be concluded for any vehicle that is registered and used on public roads, regardless of whether the owner is an individual or a legal entity.

  • Non-residential office
  • Commercial property
  • Industrial and warehouse property

The cost of insurance depends on:

  • Insurance amount: the coverage amount affects the cost of insurance. The higher the insurance amount, the higher the premiums.
  • Condition of the insured property: year of construction, material, and nature of use.
  • Location: the location of the insured property can affect risks and, consequently, the cost of insurance.
  • Claims history: previous insurance claims can increase the cost of insurance.
  • Selected options and additional coverages: additional options and expanded coverages also affect the final cost.
Do you have any questions?
Do you have any questions?