Property insurance at PRESTIGE Insurance Company offers insurance protection of your property interests related to the ownership, use or disposal of property against unforeseen events that may occur during your business activities.

Advantages of insurance in the PRESTIGE Insurance Company:

• a high degree of insurance protection at moderate insurance costs.
• the opportunity to choose the most optimal amount of insurance protection of one's property interests.

What is insured?

The following are accepted for insurance:

• A plot of land – is a plot located on the territory of Ukraine and used for its intended purpose.
• Engineering equipment – external engineering communications and equipment, including water treatment systems, pumping equipment, underground equipment (water supply, sewage, water pipes and electrical communications, etc.), as well as internal engineering equipment and communications of buildings and structures, including systems and equipment of electrical, gas, water supply, heating, sewage, fire extinguishing and alarm systems, sanitary and technical equipment, etc.
• Structural elements – structural elements of premises, buildings and structures (foundation, walls, floor, ceiling, roof, etc.).
• Decoration – external decoration and equipment of buildings and structures, including: decoration and stationary equipment of buildings, blinds, gratings, etc., as well as internal decoration and stationary equipment of premises, including internal carpentry, permanent covering of floors, walls and ceilings, including suspended ceilings , plinths, parquet, laminate, carpet, linoleum; fireplaces, stoves, etc
• Movable property – things that can be freely moved in space. Movable property includes property that is not immovable property, intended for use during economic (entrepreneurial) activity and/or to meet socio-cultural (domestic) needs and/or for personal use.
• Commodity values – raw materials, materials and semi-finished products necessary for activity, production of final products, finished products, goods in the warehouse, in the trading hall, in open areas, etc.
• A comprehensive property complex – is an object, the set of assets of which ensures the implementation of a separate economic activity on a permanent and regular basis. It includes property used for production activities, namely: land, buildings and structures, equipment and inventory..

Who can act as an insured?

A legal entity, regardless of the form of ownership, that has a property interest, which does not contradict the legislation of Ukraine, related to the possession, use and disposal of property.

What is an insured event?

Damage or destruction of property as a result of:

• fire risks (fire; lightning strike; explosion; falling of aircraft or their parts, cargo and baggage from them);
• natural phenomena (storm, hail, flood, earthquake, landslide, collapse);
• water damage from water supply, heating, sewage and similar systems; from sprinkler and drencher systems;
• illegal actions of third parties (theft with penetration, robbery or robbery, intentional destruction or damage, hooliganism);
• collision of vehicles;
• others

What is the sum insured?

The insured sum is set at an amount not greater than the actual value of the insured property. Property can be insured:

• for the full value (the insured amount is equal to the actual value at the time of concluding the contract);
• for incomplete value (the insured amount is less than the actual value; compensation payments are made in proportion to the ratio of the insured amount to the actual value of the property).

Is there a franchise in the contract?

The deductible is set by agreement of the parties as a percentage of the sum insured or in absolute monetary value.

How much is the insurance contract?

The basic insurance tariff is:

• for real estate from 0.05 to 0.35% of the sum insured, depending on the degree of risk;
• for movable property from 0.15 to 3.00% of the insured amount.

The size of the insurance tariff depends on the chosen risks, the deductible, the period of validity of the contract and other conditions.

For what period can an insurance contract be concluded?

The policyholder independently chooses the term of the contract, it can be up to one year.