Business Security Insurance

Protection of your property and non-property assets

Business Security Insurance is especially developed for small and medium-sized business and gives customer the opportunity to protect their non-property and property assets such as:

Solid structure buildings;

Plant, machinery, equipment, including fixtures and fittings;

Shor-term tangible assets, including raw materials, products, goods.

The insurance is intended for Bulgarian and foreign natural persons and legal entities who are owners or tenants of:

Non-manufacturing small and medium-sized enterprises (offices, stores, shopping centers, restaurants, service provision facilities and business facilities);
Solid buildings up to 40 years of age, with issued Certificate Form No 15;

Benefits of the insurance:

Insurance product appropriate for insuring property used as collateral under home and mortgage bank loans;
Affordable insurance that provides complex protection against the most common risks in business environment;
Insured amount up to BGN 1 million;
Conveniently structured covers in packages at customer’s choice;
Possibility for optional covers;
Easy procedure for making the insurance;
Deferred payment of the premium for no extra costs;
Discounts upon renewal of the policy if no damages have occurred;
Option for payment of the premium via direct debit.

What risks are insured?

Possibility to choose 4 packages and optional covers for better security:

Package 1:

Fire, lightning, explosion, implosion, collision or falling of piloted aircraft, its parts or cargo;

Natural disasters – storm (falling of trees and branches), hail, heavy rain, flood, damage due to the natural load of snow or ice, freezing/ frosting;
Damage of property as a result of crash of motor vehicle or animal;

Costs for cleaning of remains and salvage of property.

Package 2 comprises all risks under Package 1 plus:

Malicious actions of third parties;
Arson;

Package 3 comprises all risks under Package 2 plus:

Short circuit and/or current rush;

Package 4 comprises all risks under Package 3 plus:

Sliding or collapse of earth;

Failure of loading and unloading machines during loading and unloading works..

Optional covers comprise:

Earthquake;
Water and steam leakage;
Breaking of glasses, shop windows, advertising signs and boards;
Shock/ sound wave;
Loss of rental income;
Third Party Liability clause for damages caused to third parties by insured property as a result of insurance event covered under the policy;
Burglary.