Leased property insurance

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Leasing may be one of the tools to develop your business. And you can protect your financial interests while using that tool through insurance of the leased property against it damage or destruction. "Ingosstrakh" offer you a special program for that.

Advantages of the program:

• Efficiency by preparation and the coordination of insurance documents saves your time.
• The flexible system of rating allows to consider your needs as better as possible.
• Insurance of a full package of risks will provide the maximal protection.
• The installments of payment without increase of the insurance rate premium enables you to choose terms of payment convenient for you.

You can insure:

• Buildings, premises  and facilities.
• Equipment in stock and operation.
• Mobile equipment:  construction, mining equipment, boring rigs, timber-handling vehicles, agricultural/farming equipment and other property with variable operation location.

Insurance period:

Perils Insured:

• Fire, thunderbolts, utility gas explosion.
• Natural disasters (earthquakes, storms, tornados, hurricanes, flood, etc.).
• Explosion of steam boilers, gas storage, gas pipes, machines, apparatuses and other similar appliances.
• Property damage by water from water supply, sewage, heating, air-conditioning and fire-extinguishing  systems.
• Burglary, robbery.
• Third parties’ malicious acts.
• Fall of piloted flying objects and their fragments.
• Сollision with the ground vehicles.  

Mobile equipment in addition can be insured from such risk, as:

• Accidents, i.e. accidental mechanic damages of an insured object as the result of tipping-over, falling, collapse with a vehicle or other objects, falling of various objects on such object.

Some insurance conditions:

• The Parties of the Policy, the Insured and the  Beneficiary are the parties of the contract of leasing. Most often the Insured is the Lessee, and the Lessor is the  Beneficiary, but the reverse variant is also possible. The bank financing the leasing contract also can be the  Beneficiary .
• As a part of insurance conditions a deductible (i.e. Insured’s participation or in other words self retention in the loss settlement) is usually set in the policy. The deductibles makes cost of insurance  lower.