Movable property and inventory insurance
Protection against risks
Types of property subject to insurance:
- movable property
- inventory
- production equipment
- IT infrastructure
- etc.
Benefits of insurance in INGO
Additional information
Additionally (within the amounts and limits stipulated by the agreement), the following expenses may be indemnified
- for clearing and cleaning the place of damage
- to prevent or reduce the amount of damage
- for fire extinguishing
Important
Additional coverage is provided within the sublimits and increases the insurance rate.
outlook - «Evolving»
8.12.2023
How do I determine the insured amount for goods and materials if it is constantly changing due to the sale or delivery of goods?
The sum insured for goods in storage can be determined either as a warehouse-weighted average (if fluctuations are not significant and do not exceed 20%) or as the maximum warehouse load (in case of significant fluctuations).
What are the insurance company's requirements for acceptance for insurance of goods and materials or equipment?
At a minimum, it is mandatory to have a working fire alarm system connected to the fire station. However, in some cases, additional requirements may be imposed: physical security or burglar alarms, video surveillance systems, etc. The presence of additional systems affects the cost of insurance coverage - the more, the lower.
How to insure equipment that constantly changes its place of operation?
The insurance contract may provide for the insurance territory within the city, region, or country, but it may also provide for restrictions on the territory of the contract: war zones, temporarily occupied territories, and others.
Is it possible to insure movable property, equipment, and goods and materials that are not located on the premises?
Yes, you can, but only if the goods and materials/equipment are adapted for storage or use outdoors.
For how long can I conclude an insurance contract?
The standard insurance period is 1 year, but other insurance periods for a period of multiples of 1 month are allowed.
