For Fire Insurance and some other dangers the subject of the insurance according to the insurance conditions can be all
items except those excluded from the insurance by these conditions.
Self-combustion of stock.
Industrial organisations that manufacture or process or liquid melted mass can, with increased
premium agree extension of the coverage to include overflow of hot liquid melted mass.
As per conditions of "Lido-osiguranje" d.d. we offer following types of fire insurance policies:
I INSURANCE OF HOUSING FACILITIES
This insurance policy covers following risks: fire, explosion, thunderbolt, storm, hailstorm, fall
of an aircraft, impact of personal motor vehicle into insured facility.
Insurance of the housing facility against fire and some other dangers depends on a few factors, such as:
- Type of building quality of the facility (massive, mixed and weak);
- Number of floors (ground floors and single storey, two and more storey and cement with cement roof);
- Facility location (in the city or outside);
- Insurance amount (value of facility' insurance) and
- Classes of protection measures.
Example 1:
We shall take a housing facility of massive built, situated in city of Tuzla (protection measures class A).
- Ground floor and single story facility of massive build situated in city of Tuzla, insured amount 150.000,00 KM.
Annual Premium is .......... 75,00 KM
10% service sale tax added to the Premium amount.
Example 2:
We shall take a housing facility of massive built, situated in city of Gradačac (protection measures class B).
- Ground floor and single story facility of massive build situated in city of Tuzla, insured amount 150.000,00 KM
Annual Premium is..........150,00 KM
10% service sale tax added to the Premium amount.
Example 3:
We shall take a housing facility of massive built, situated outside the town (protection measures class C).
- Ground floor and single story facility of massive build situated outside the town, insured amount 150.000,00 KM
Annual Premium is..........225,00 KM
10% service sale tax added to the Premium amount.
Note:
With additional premium there is an option to insure additional risks such as: floods, torrents and
high water, overflow of water from water and sewage pipes, ground slide and landslip.
Additional risks can be included only if fire insurance is agreed. Additional risks can be
insured to the total insurance amount or only for the value that is expected to arise when the
insured case happens, and that is insurance on "the FIRST RISK" calculated as follows (first risk is
taken as an example).
Premium calculation for additional risks on "the FIRST RISK":
a) flood and torrents for:
- Damages to the civil construction facility up to 10,000 KM, annual premium is 31,00 KM
b) water overflow from the water and sewage pipes for:
- Damages to the civil construction facility up to 10,000KM, annual premium is 62,00 KM
Note: 10% service sale tax added to the Premium amount.
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II INSURANCE OF INDIVIDUAL APARTMENTS IN HOUSING FACILITIES
When purchasing a flat you become the owner of a part of the housing facility thus gaining decision right
on managing, protecting safeguarding that part etc. This is the reason why this programme envisages a possibility
of insuring common areas from fire, thunderbolt, explosion, storm, water overflow from sewage and water pipes. By
insuring this property the insurance costs are evenly born by all residents, and at the same time all eventual
claims that insurance will cover.
For insuring a flat in a housing facility in the city of Tuzla (protection measures class A) valued 100.000,00KM:
- Annual premium is …… 50,00 KM
Note: 10% service sale tax added to the Premium amount.
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