Standard Insurance - Sizi Qoruyan Sığorta

Under this insurance category “Standard Insurance” Company offers the following types of coverage:
- buildings and constructions (including finishing and engineering communications) coverage;
- design and interior decoration coverage
- furniture, household equipment coverage
- production (commercial) facilities coverage
- electronic and office equipment coverage
- electrical (household) appliances coverage
- warehouse goods coverage
- coverage for goods in sales area
- plate glass and promotional signs coverage
- coverage for available (cash) funds in cash registers, money vaults, ATMs, money depositaries, etc.
Not only property in possession is subject to insurance, but also assets rented, pawned, leased and deposited.

Insurance against risks of damage to insured property is provided as a result of the following:
- Acts of God, such as earthquake, convulsions of nature, landslips, floods, hurricanes, etc.;
- Fires and lightning strokes;
- Steam-boiler explosions;
- Plumbing, heating and sewage system failures;
- Fall of aircrafts and their fractions

In this case insurance shall not apply to:
- Vehicles;
- Equipment in temporary facilities and constructions;
- Personnel property.

In addition to property insurance agreement the following coverage types can be provided.

1. Business Interruption Insurance.
This type of insurance is provided as part of property insurance package to cover losses sustained during possible outage as a result of an insurance event occurrence – damage, destruction of property, etc.
Covered losses in this case shall be expenses pertaining to:
- salary;
- payments to social insurance funds and other similar payments;
- taxes and fees not dependent on turnover and results of business activities;
- rental payments;
- depreciation charges;
- interests on bank loans and other debt funds;
Furthermore insurance coverage is also provided for underrated average profit on insured business activities for the entire period of forced outage. Insurance applies to the entire period of activities and shall not exceed the period stipulated in insurance certificate.

2. Machinery Breakdown Insurance.
This type of insurance is featured by significant covers and financial stability. Insurance policy is issued alongside with a qualified technical appraisal. Insurance against equipment failures or the so-called "Machine Breakdown" is a common practice throughout the world.
Insurance objects could be as follows:
- Steam-boilers;
- Gas and other types of turbines;
- Pumps;
- Compressor units;
- Electric Motors;
- Generators;
- Transformers and other equipment

Insurance coverage is provided upon:
- accidental failures or defects;
- personnel faults;
- line and chain breaking;
- overload, overheating, vibrations, disorders, jamming, plugging of mechanisms, pressure changes, mechanism fatigue;
- hydraulic impact;
- electric current exposure;
- steam-boiler explosions;
- failures and malfunctions of devices and accessories;
- failures and malfunctions occurred as a result of exposure to winds, frosts, ice movement .

Usually a policy of insurance against equipment and mechanisms failure is acquired by companies in addition to fire insurance and associated risks policy and is intended to defend insurer’s property interests not included in this type of insurance.

3. Goods in transit Insurance.
This insurance provides coverage for damage and losses with regards to goods in transit as well as those sustained by insurer as a result of any risks, including theft or attempted theft, except for cases set forth below:
- Damage or loss due to deliberate or wrongful acts of insurer and/or any of his/her employees;
- Damage to insurer’s interests due to natural leakage, decrease in weight or volume as well as natural wear and tear of goods;
- Damage or loss caused by existing deficiencies or qualities of insured goods;
- Damage or loss relating directly to delay, including delays caused by insured risks;
- Damage or loss as a result of military actions, civil war, revolution, mutiny, outbreak or civil strife as well as any other hostile actions launched by combatant party or against it;
- Damage or loss caused as a result of dishonesty of insurer’s personnel and/or their fraudulent behavior
This insurance coverage shall be effective from the date of loading of goods in a transport facility and terminate upon their unloading at a destination point .
QUESTIONNAIRE FOR COMMERCIAL PROPERTY INSURANCE
QUESTIONNAIRE FOR PRIVATE PROPERTY INSURANCE

Motor Insurance

We could cover your vehicle against the following risks:
- "traffic accident” (TA) – damage or destruction of vehicle as a result of a TA;
- “third party actions” – damage or destruction of vehicle or any of its parts as a result of deliberate or incautious actions of third parties;
- “Acts of God” – damage or destruction of car as a result of its exposure to storm, hurricane, gust, hail, heavy snowfall uncharacteristic of the region, earthquake, avalanche, landslide, flood;
- “ignition” – damage or destruction of car due to fire;
- “theft” – loss of vehicle as a result of theft, robbery and brigandage;
- “civil liability” – insurance cover in case of damage to third parties or their property as a result of a TA ;

Types of insurance risks and their number could be changed upon insured’s request.
Upon execution of insurance contract, a dedicated team of insurers from a vehicle insurance department of "«Standard Insurance” Insurance" Company could assist you in sorting out an optimal selection of insurance risks and calculating the cost of your car, as well as conducting a vehicle inspection and drawing up a technical status report. Following payment of an insurance fee a client shall receive a policy with full description of driver’s actions upon occurrence of an insurance event. Upon occurrence of an insurance event the

Company will render the following services:
- arrive at a TA place, assist in car evacuation;
- arrange car maintenance within the shorted possible time;
- ensure maintenance quality control;
- arrange expert evaluation of the amount of damage at client’s request;
- provide legal assistance upon ascertainment of the facts of accident

Cargo Insurance

Taking into account specific needs of its clients “«Standard Insurance” Insurance” Company provides insurance cover for his/her cargoes secured by reinsurance with the best reinsurance companies throughout the world.
Insurance objects are any types of cargo carried by all types of transport facilities as well as transport and overhead expenses thereof. Rules and regulations on this insurance type meet international standards.
Insurance cover is provided on three conditions: "А", "В" and "С". .
Condition "А" on cargo insurance covers all losses, including theft, physical loss or damage as a result of external impacts during cargo transfer as well as general average and salvage expenses.
Condition “B” on cargo insurance covers only losses due to damage to cargo or any of its part sustained as a result of occurrence of acts of god, collisions, wrecks and loss of transport facility as well as upon loading, stowage and unloading of cargo.
Condition "С" on cargo insurance covers only losses due to damage to cargo or any of its part sustained as a result of occurrence of acts of god, collisions, wrecks and loss of transport facility as well as upon loading, stowage and unloading of cargo .
Insurance can be provided both partially to cover certain transfer route and fully to cover the whole of transfer route from the point of loading to the destination point.
Insurance fee amount is calculated based on cargo bill and package, transfer route, transportation method, preferred terms and conditions of insurance as well as based on whether the cargo is protected and/or accompanied for security purposes.
QUESTIONNAIRE FOR CARGO INSURANCE