The insurance of corporate property is indispensable in order to run the company constantly and secure. An unexpected event can cost a lot of money and also lead to pause of production. In order to build up an insurance portfolio you have to align the properties as follows: Estates: the new construction value of a building without the plot value. At factories the value of technical pipelines, parking lots, own streets, public utility connections etc. are to be given. Technical machines, office- and production machines: the limit of damage compensation can not be higher, than the value of new machinery, but because of amortization and inflation the compensation limit will be quoted annually. When a damage of an old machine occurs, the insurer pays only obsolete value after certain running time. In such cases not the obsolescence kept in books is determining, but the obsolescence ascertained by experts. Assortments: the highest value, that is kept in warehouses should be given Production breakdown: this coverage compensates damages that are caused by an accidental production stop. Production companies usually cover their fix costs and cancelled profit. Insurance for named risks: FLEXA: (fire, lightning, explosion, aircraft impact) Storm, cloud-burst, falling rocks, sliding soil, wash-out of unknown caves, hail, snow press, impact of unknown vehicles, break of technical pipelines, earthquake, flood, overhead All risk: gives coverage for all risks, that are not closed out. (usual exclusions: risk of war, intended damaging) For further information, please contact us! |