Property insurances at festive prices from Armeec Jsc
A Christmas gift for the home: insurance coverage only for BGN 10
On 1 November 2014 Armeec Insurance Jsc will start offering Property Insurance at special Christmas prices. Additional 20 percent discounts will be offered by the end of February 2015 to anyone who takes out insurance for their home and corporate property.
During the promotion period the minimum premium amount under the Protected Family insurance will be BGN 10 (or just 0.03 Bulgarian Levs per day). It will cover damage to the building up to BGN 5 000 and damage to movable property up to BGN 1 000. Insurance indemnity is up to the limits stated in the policy. The sums mentioned above are minimum amounts and the customers may choose to take out insurance for significantly higher limits.
The policy issuing procedure is customer-friendly – it is not necessary to submit documents in proof of the ownership of the house or to carry out an inspection. Besides, a list of the insured items is not required, if the burglary risk is covered up to BGN 6000.
The minimum premium for the Protected Property insurance is BGN 20 (or only BGN 0.06 per day). For example, if up to 20-year old six-storey office building in Sofia is insured for BGN 200,000 against the risks of fire, natural disasters (excluding earthquake) and vandalism – the premium will be BGN 110, and respectively BGN 290, if the risk of earthquake is included. Under this policy the choice of various insurance cover is also allowed.
Another 15% discount is granted in case the motor TPL and motor casco for the company cars are taken out with Armeec, and the company employees are insured against work accident. In this case the premium will amount to BGN 66 (without earthquake cover) or BGN 174 (if the risk of earthquake is covered).
Moreover, if a fire alarm system has been installed in the office and the insured accepts a 10% deductible to be applied in any claim, Armeec shall provide further 10% discount. The rebates can reach a maximum of 50%. In this case the first cover (without earthquake) will cost BGN 55 and the second one (with earthquake) will be only BGN 145.
Apart from the Christmas promotion discount, customers can be granted other discounts from the current tariff of the Protected Property insurance for single premium payment, for lack of claims, or availability of a good fire alarm system, etc.