Corporate property insurance

Fire

We will indemnify for damage caused directly by fire, arson by a third party, direct hit by lightning, overvoltage caused by lightning strike, explosion, downing of the aircraft or its part and cargo. 

Pipe leakage

We will indemnify damage caused directly by the discharge of liquid or gas penetration from the technical system of the building (water, heating, sewerage or storm water pipelines, as well as fire-fighting, ventilation or air conditioning systems). 

Burglary

We will indemnify damage caused directly by theft at the insured location as a result of burglary of the building or its premises, robbery, vandalism in the course of burglary or robbery. 

Vandalism

We will indemnify damage caused by a third party, the direct cause of which is unlawful violation or destruction of the insured object, the collision of a land vehicle with the insured object, thefts of parts of the insured building, interior decorations or the facility. 

Storm

We will indemnify damage caused directly by a storm with a wind speed of at least 18 m/s, hail, a tree or other object that has fallen on the insured object due to a storm. 

Flooding

We will indemnify damage that is directly caused by natural flooding. 

Klaasi purunemine

We will indemnify damage caused directly by the breakage of internal or external glass installed locally on the building, structure or interior finish and damage to advertising (painted or glued texts) on the glass belonging to the insured person. 

All risk

We will indemnify damage that is directly caused by another unexpected and unforeseeable event that is not defined in the insurance covers listed above and is additionally excluded in the case of all risk.

For example, all-risk events are events caused by the breakdown of the building’s technical system (a so-called internal failure), collision of an employee-driven land vehicle with the insured object, overturning or falling of the insured object, falling of a tree, antenna or other object onto the insured object if this fall was not caused by a storm. 

Liability insurance

We will also indemnify the agreed deductible if the amount of damage exceeds the deductible specified in the policy. 

20% underinsurance extension

Underinsurance will not be applied if the insurable value of the insured object at the time of the insured event does not differ from the sum insured by more than 20%. 

Construction works

If the contract value of the construction works does not exceed EUR 50,000, the insurance cover extends to an insured event caused by construction work carried out at the insured location. 

Terrorism

Insurance cover extends to damage caused by terrorism.  

Scope of insurance coverage for portable laptops and tablets

Laptop and tablet insurance cover is valid outside of the insured location fixed in the policy worldwide.  

Insurance cover for inventory and equipment added during the insurance period

The insurance cover extends to the inventory and equipment added at the insured location during the insurance period to the extent of the sum insured that has been agreed in the policy. 

Temporary relocation of inventory and equipment

The insurance cover of the inventory and equipment is maintained during their repair and maintenance work outside the insured location specified in the policy. 

Additional cover for building owners (damage caused to the building by tenants)

The insurance cover extends to damage to the building that is the insured object due to an insured event caused by a tenant in the same way as if the event would have been caused by a third party within the meaning of the insurance contract.