PJSC "Company "PRESTIGE" offers comprehensive property insurance solutions for legal entities, providing an unparalleled level of protection for your property interests. We understand how crucial it is for any business to minimize risks associated with unforeseen events to ensure stable operations. Our insurance contracts are designed to safeguard your assets against various threats that may arise during your business activities.

Our advantages: why choose PJSC "Company "PRESTIGE"?

Partnering with PJSC "Company "PRESTIGE" gives you a number of key benefits, making us a reliable partner in insurance protection:

• Expert Consultation: Our highly qualified specialists will provide professional assistance in choosing the optimal insurance terms, taking into account your business's specifics and individual needs. We'll help you navigate all the nuances and select the best coverage.
• Optimal Price-to-Quality Ratio: We offer a high degree of insurance protection from leading Ukrainian insurance companies at a reasonable insurance cost. This allows you to get reliable protection without unnecessary financial burdens.
• Flexible Coverage Options: You have the flexibility to choose the most suitable scope of insurance protection for your property interests, allowing you to maximize the contract's adaptation to your requirements and budget. 

What can be insured?

We accept a wide range of property for insurance that is critically important for your company's operations:

Real Estate:

• Buildings and Structures: This includes production workshops, office premises, warehouses, retail spaces, as well as their structural elements (foundations, walls, roofs, ceilings).
• Interior Finishing and Utilities: This covers all elements of interior renovation (plaster, floor and ceiling coverings), built-in appliances, engineering networks, and utilities (water supply, heating, ventilation, electrical networks).
• Built-in Equipment and Furniture: Furniture that is an integral part of the premises and stationary equipment can also be included in the insurance coverage.
• Other Real Estate: By agreement of the parties, the contract can cover any other real estate that holds value for your business.

Movable Property:

• Furniture and Interior Items: All types of furniture (office, retail, production) and decorative elements.
• Inventory: Household, domestic, and industrial inventory necessary for daily operations.
• Office Equipment and Electronics: Computers, printers, scanners, servers, televisions, and other electronic and office equipment.
• Computer Equipment: Specialized computer equipment used for production, commercial, or industrial purposes.
• Large Glass Elements: Showcases, stained-glass windows, glass walls, and other glass structures exceeding 1.5 m² in area, which are particularly vulnerable to damage.
• Exterior (Facade) Equipment: Signs, air conditioners, external units of ventilation systems, and other elements affixed to the building's facade.
• Inventory and Finished Products (IMAs): Raw materials, supplies, semi-finished goods, finished products in warehouses, goods intended for sale.
• Specialized Equipment, Machinery, Spare Parts: All types of production, commercial, and industrial equipment, as well as their spare parts.
• Other Movable Property: By agreement of the parties, any other movable property important to your operations can be insured. 

Who can be the policyholder?

The policyholder can be any legal entity, regardless of its form of ownership, that has a legitimate property interest associated with the ownership, use, or disposal of property, and this interest does not contradict current Ukrainian legislation.

What constitutes an insured event?

An insured event is an occurrence that results in damage to or destruction of the insured property, and which is provided for by the terms of the insurance contract. Typical insured risks include:

Fire Risks:

• Fire: Uncontrolled burning causing damage.
• Damage from smoke, soot, corrosive gas: Consequences of combustion products.
• Damage from firefighting measures: Losses caused by water, foam, or other substances used to extinguish a fire.
• Explosion: Including explosions of gas, steam, dust, and other explosive substances.
• Lightning strike causing fire: A direct lightning strike that leads to ignition.

Natural Phenomena:

• Natural Disasters: Earthquake, landslides, rockfalls, sinkholes, rising groundwater levels, falling stones.
• Hydrometeorological Phenomena: Very heavy rain (downpour), large hail, heavy snowfall, heavy rain (rain and wet snow), extreme frost, extreme heat, strong wind, severe dust storm, heavy ice accumulation, severe black ice, severe sea disturbance and reservoir agitation, high or low sea level, high water level (flooding, flash flood), mudflow, avalanches, inundation.

Water and/or Other Liquid Damage:

Resulting from damage to water supply, sewerage, heating, and firefighting systems, as well as water or other liquid penetration from adjacent premises, occurring due to:

• System bursts or freezing: Including faucets, hydrometers, radiators, boilers.
• Sudden damage to system elements: Valves, tanks, radiators directly connected to the aforementioned systems.

Unlawful Actions of Third Parties:

• Burglary, robbery, assault: Illegal appropriation of property.
• Willful destruction or damage to property: Including arson, explosion, detonation, hooliganism.

Other Events:

• Construction work: Damage caused by construction processes.
• Falling objects or entities: For example, falling trees, billboards, building parts.
• Vehicle impact: Damage to property as a result of collision with vehicles.
• Military (war) risks: Separate coverage that can be included in the contract by agreement.
• Other events stipulated by individual contract terms.
   

Determining the insurance sum:

The insurance sum is the maximum limit of the insurer's liability, set at an amount that does not exceed the actual value of the insured property at the time the contract is concluded. Insured property can be insured:

• For full value: The insurance sum equals the actual (market) value of the property at the time of contract conclusion. In this case, upon the occurrence of an insured event, compensation will be made within the actual value, taking into account the deductible.
• For partial value: The insurance sum is less than the actual value of the property. Compensation payments are made proportionally to the ratio of the insurance sum to the actual value of the property at the time of the insured event. This allows for a reduced policy cost but may result in incomplete coverage of losses.
   

Application of the deductible (franchise):

The deductible is the portion of the loss not reimbursed by the insurance company. It is established by agreement of the parties as a percentage of the insurance sum or as an absolute monetary amount. The presence and size of the deductible directly affect the cost of the insurance policy: the higher the deductible, the lower the insurance premium, as part of the risk is transferred to the policyholder.

Cost of the insurance contract:

The basic insurance tariff ranges from 0.07% to 3% of the insurance sum. The final cost of the insurance contract depends on many factors, including:

• Degree of risk: Determined by the company's type of activity, the facility's location, and the presence of security and fire protection systems.
• Property characteristics: Type, age, condition, and construction materials.
• Selected risks: The number and specificity of insured risks included in the contract.
• Deductible size: A higher deductible generally leads to a lower premium.
• Contract term: The duration of insurance coverage. 

Term of the insurance contract:

The policyholder has the flexibility to choose the term of the insurance contract. The term can range from 1 month to 1 year, allowing the contract to be adapted to your financial cycles and business plans.

We invite you to contact PJSC "Company "PRESTIGE" for a personalized consultation and a calculation of the cost of insuring your company's property. We are ready to offer a solution that best meets your needs and provides reliable protection for your assets.