Insurance
Industrial Fire Insurance of Industrial and Commercial Premises

What is Industrial Fire Insurance?

• Industrial Fire Insurance is a voluntary property insurance.
• The insurance is intended for owners, tenants, and users of real estate and movable property used for business activities.

Insurance coverage:

Total or partial damage to:

• real estate - production and/or administrative buildings;
• movable property - machinery, equipment, business inventory, material stocks, etc., owned or controlled by industrial and/or service enterprises/organizations of a manufacturing or public nature;

Basic coverage - CLAUSE A (minimum required for taking out insurance):

• fire, including the consequences of extinguishing it;
• explosion;
• lightning;
• collision or fall of a piloted aircraft, its parts or cargo.

Extended coverage - you can choose to add other risks to those listed above.

Territorial coverage:

• On the territory of the Republic of Bulgaria, at the address specified in the policy as the address where the insured immovable and movable property is located.
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What are my obligations?

• to answer all questions asked by us when concluding the insurance contract, providing us with accurate, true, and complete information;
• to pay the insurance premium under the contract within the agreed terms;
• to notify us of any change in the declared circumstances;
• to notify us within the specified time limits and in the specified manner in the event of an insured event;
• to provide the necessary documents when making a claim;
• to take the necessary measures to prevent events that may lead to the occurrence of an insured event covered by the insurance contract;
• use the insured property for its intended purpose, maintain it in good working order in accordance with the manufacturer's requirements, and take good care of it.
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How do I pay?

• The insurance premium is paid in a lump sum or in installments, in the manner and amount agreed in the insurance contract.
• You can pay the insurance premium at the offices of JSIC "OZK - Insurance" throughout the country, by bank transfer, or through your insurance broker. For policies issued on deferred payment, you can pay the next installment due online, by debit or credit card, at https://www.online.ozk.bg/vnoska.
• If the initially agreed insurance amount is partially exhausted as a result of paid claims, you have the right to reinsure and, upon payment of an additional premium, restore the initially agreed insurance amount.