Voluntary insurance

We provide comprehensive coverage for goods in transit for engineering and transportation companies managing cargo. We can also provide numerous extensions to coverage such as pure domestic transit movements, warehouse, storage, exhibition, processing, or consolidation risks.

Subject matters of insurance:

• All types of cargoes carried by any type of transport
• Expenses related with carriage
• Expected profit at the destination point

Our company may provide insurance to your company’s care park with the best terms from the most reliable insurance companies acting in the Republic of Azerbaijan. Specifically following services guaranteed:

• Evacuation of the vehicle from the accident scene,
• Repair of the vehicles is conducted only in approved repair centers,
• Repair of new vehicles with after sale service is conducted only at the official distributor’s workshop,
• All small damages are paid without the documenting the accident by Police (if there is no subrogation rights of insurer),
• Option to get financial indemnity after the estimation of the damage by the insurance company,
• Appointment of special coordinator for the settlement of your company’s claims and contracts management,
• Info support,

Special insurance rates for your company personnel’s vehicles.

Advantages of insuring through our company:

• Individual approach to every client and option to choose the most appropriate conditions for every customer,
• Reliable reinsurance protection,
• Insurance consultancy on minimization of risks at your company, including recommendations regarding the improvement of fire protection,
• Opportunities to arrange special trainings for your employees on fire-fighting safety conducted by experienced professionals,
• Appointment of special coordinator for the settlement of your company’s claims and contracts management,
• Info support,
• Special insurance rates for your company personnel’s vehicles

Subject-matters of insurance:

• Premises, constructions (including repair costs);
• Communications, industrial equipment,
• Office, electronic and trade equipment, furniture,
• Stock of raw materials, finished products and other property.

Risks insured:

• Fire, lightning, explosion,
• Natural disasters, earthquake,
• Falling of aircraft or other flying devices or their fragments,
• Damage by water resulting from burst of pipes or overflow of reservoirs,
• Malicious damage by third parties including theft with (violent or forcible) burglarious entry,
• Impact by motor vehicles,
• Landslip, subsidence, mudflow,
• Other risks

This type of insurance allows to compensate financial losses resulting from various unforeseen events occurred in process of construction, repair, renovation works or during the after-launch warranty period, protecting interests of principal and contractor. 

Subject-matters of insurance:

• Construction and erection works, including buildings, engineering and other constructions, roads, tunnels, bridges and other facilities, construction materials;
• Construction machinery and equipment, cranes, derricks, mixers, pumps, compressors, transformers, temporary constructions, warehouses, etc
• Expenses related with debris removal after the accident, expenses related with overtime payments for cargo carriages related with the accident,
• After-launch warranty period liability insurance;
• General third party liability during the construction, erection works or during the after-launch warranty period.

Insurance conditions:

• Fire, explosion, hurricane, earthquake, volcano, flood, landslip, landscape, rainfall, mudflow, snow, breakage of communications (water line, sewerage, energy supply, etc)
• Electric circuit fault, overload of electricity,
• Collapse or partial damage to objects,
• Use of rejected machinery or materials subject to Insured being uninformed before accident,
• Malicious acts of third parties including theft and robbery,
• Other unforeseen events, not stated as exclusions in the insurance contract.
• Insurance rates: rates depend on the type of the works (construction, repair, renovation, etc), building, environmental factors, building technicians’ qualifications and other factors affecting the risk.

Subject-matter of insurance:

• Engines,
• Generators,
• Transformers,
• Pumps,
• Compressors,
• And other machinery. Risks insured:
• Unforeseen failures,
• Personnel’s mistakes,
• Explosion,
• Influence of centrifugal force,
• Explosion of boilers,
• And other risks.

As common machinery insurance policy is purchased together with standard property insurance policy and serves as an additional coverage for risks not included into property insurance.

At your request our specialists can develop individual program to satisfy your company's demands.

Voluntary medical insurance covers:

• Medical emergency,
• Hospital treatment,
• Ambulatory treatment,
• Dental care,
• Maternity care.

By this insurance policyholder gets free medical services abroad according to the policy conditions. All coordination of policyholders is provided by worldwide network of International SOS Medical Assistance Company.

At your request insurance contract can be signed for 1 year or for the period of every single business trip.