Extended Plus Policy

EXTENDED PLUS POLICY

Our newest policy is the result of what you were looking for.

Created by the experience and demands of customers whose needs are increasing.

This policy is our future, The Best Policy because it covers all risks to the home and its contents wholly and optimally, while paying attention to the client standards.

The new Expanded Plus Policy covers loss or damage resulting from:

• FROST (freezing water or other liquids in plumbing systems and other installations) is the main risk, with no additional premium payment.
• Water escapes from gutters and from rainwater drainage pipes as a result of a sudden drop in large quantities of atmospheric water up to 150 euros (valid for all household policies), including damages from storm-related rainwater intrusion.
• Loss or damage to installations of the residential building up to 50 Euros (valid for all household policies except for the Economic Policy).

✓– Insured

x – Not insured

• Our new Expanded Plus Policy does not only cover the risk of snow and ice pressure
• Burglary and robbery cover is up to Euro 7,500.

The policy also offers options for additional risks such as:

• Flood, torrent and high waters
• Subsidence
• Snow avalanche
• Earthquake
• Glass Breakage

Earthquake Risk Coverage

• It covers compensation for losses or damages caused by an earthquake with a magnitude of 3.5 or greater on the Richter scale.
• It also covers losses resulting from non-structural cracks in buildings if you buy no-deductible coverage.
• Depending on your decision, we will negotiate whether you participate or not in the loss (deductible).

Note: This insurance does not cover losses or damages resulting from wear and tear or deterioration.  

Temporary accommodation cost

In case the loss or damage to your dwelling is so severe that living becomes impossible, the policy shall cover the cost of temporary accommodation.

Example:

Cost for renting a furnished residence of a similar size, according to the market price valued in the area of the insured location, until your insured property is restored to normal living conditions.

Removal costs of personal effects and assets of the Insured if the Insured decides to move entirely out of the insured location to another location.

Third Party Liability Insurance

This insurance is optional under all policies. It applies to your protection if damage to neighbouring buildings and individuals is caused by your household or property.

Example:

You cause loss or damage resulting from a water escape to the neighbouring apartment, or your neighbour suffers damage due to fire in your home.

Discounts

• Renewal
• No claim bonus
• Deductible
• A group of buildings
• Special discount as a part of the FAMILY PACKAGE
• Advance premium payment
• For 5- or 10-year period of insurance
• Several insurance policies
• Own certified alarm systems, safe doors, code-key vaults, etc.

Payment Benefits

• Possible payment in installments.
• Direct debit from your bank account by standing order.