First Risk Insurance
Property insurance at the first risk allows the insurance to be concluded for an amount less than the value of the property and to be offered at far lower prices.
The client receives insurance protection at a reasonable level without having to spend a large sum.
The advantages of first risk property insurance compared to ordinary property insurance are:
- compensation in full for losses incurred to the liability limits specified in the insurance policy;
- low premium payable;
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ease of signing and servicing – does not describe and evaluate insured property. The risks covered under this insurance are the same as for the Standard Fire and Other Risks Insurance.