Insurance against the risks of fire and natural disasters
Fire and natural catastrophe insurance is a type of insurance where the subject of the insurance contract are property rights that do not conflict with the law on ownership, use and disposal of property specified in the regulations and the insurance contract (except for rail, land and air transportation, water transportation (inland navigation and other types of water transportation), cargo and baggage (cargo and baggage), agricultural products).
This type of insurance provides for the Insurer's obligation to pay indemnity in accordance with the terms and conditions of the Insurance Contract by reimbursing the Insured or another person (beneficiary) designated by the Insured in the Insurance Contract for the loss incurred by the Insured in connection with damage, destruction (loss) or loss of the insured property or a part thereof as a result of fire risks and/or natural disasters.
The terms and conditions of voluntary fire and natural catastrophe insurance may provide for the indemnification of expenses for dismantling and/or moving buildings, structures, equipment to a new location, which were performed to save property and/or reduce losses, as well as expenses for cleaning the territory specified in the Insurance Contract from debris (remains) of property affected by an insured event in accordance with the Insurance Rules and the Insurance Contract, and other expenses related to measures to reduce losses resulting from an insured event.
Cargo and baggage insurance is a type of insurance under which the subject of the insurance contract are property interests not in conflict with the law on possession, use and disposal of cargo and baggage (cargo) transported by any means of transportation. This type of insurance provides for the Insurer's obligation to pay indemnity in accordance with the terms of the Insurance Contract by compensating the Insured or another person designated by the Insured in the Insurance Contract (the Beneficiary) for the loss incurred by them as a result of damage, destruction (loss) or loss of the insured cargo and baggage (cargo) or a part thereof during transportation by any means of transportation and, if provided for by the regulations and the Insurance Contract, during its temporary storage. The terms and conditions of voluntary insurance of cargo and baggage (cargo baggage) may provide for insurance against risks of fire and natural disasters…
Insurance of water transport (inland water transport and other types of water transport) is a type of insurance where the subject of the insurance contract are property interests, not contrary to the law, related to ownership, use and disposal of water transport facilities, their machinery and equipment. This type of insurance provides for the Insurer's obligation to pay indemnity in accordance with the terms and conditions of the insurance contract (insurance premium, insurance payment, insurance premium) by compensating the Policyholder or another person designated by the Policyholder in the insurance contract (beneficiary) for the loss incurred as a result of damage, destruction or loss…
Aviation insurance is a type of insurance where the subject of the contract are property rights, not contrary to law, related to ownership, use and disposal of an aircraft. Under this type of insurance, the Insurer is obliged to pay indemnification in the amount specified in the insurance policy (insurance premium, indemnification) in accordance with the terms and conditions of the insurance policy, indemnifying the policyholder or another person designated by the policyholder in the insurance policy (beneficiary) for losses incurred as a result…