Pledged property insurance is necessary for both the borrower and the creditor bank.
In the event of damage or loss of collateral, our Company compensates for its value, which allows the borrower to pay off the lender in a timely manner without risking its reputation, and the bank to receive the issued loan on time and in full.
INSURANCE CASE
The company indemnifies for direct losses from physical loss or damage to the insured property that occurred as a result of:
fire, explosion, storm, hurricane, downpour, avalanche, subsidence, landslide, groundwater action, mudflow, lightning strike, earthquake, hail, heavy snowfall or freezing, burglary, falling machines and mechanisms, falling aircraft, deliberate illegal actions of third parties.
