PROPERTY DAMAGE ALL RISKS INSURANCE

PROPERTY DAMAGE ALL RISKS:

Depending on the type and size of the business, whether it is a production facility or representative and trade office, locations distribution, whether it is a subsidiary of a multinational company or a local company, the requirements for a Property Damage insurance vary considerably.

The types of Property Damage insurance are as follows:

Property Damage All risks /Named Perils insurance for Buildings, Machinery & Equipment, Furniture & Fixtures, Office contents, Stock in Warehouse insurance, Electronic Equipment All risks insurance for Electronic Data Processing (EDP) equipment, Machinery Breakdown insurance for Machinery & Equipment, Business Interruption insurance for Manufacturing companies.

Depending on the type of industry, the Property coverage could be designed to include sub-limits for the basic perils in order to achieve a premium reduction and there is also the possibility to include sub-limits with specific insurance extensions such as CAR extension, Public Utilities extension, etc.

Balkan Insurance Brokers design a Comprehensive Insurance Program for Companies and provide full insurance service in terms of insurance placement, negotiation, claims handling, daily administration and consultancy.