Insurance
Affordable Security for Home Insurance

What is "Affordable Security for the Home" insurance?

• A voluntary combined insurance product for legal entities and individuals.
• The insurance is intended for owners, tenants, and users of residential properties.

Insurance coverage:

Full or partial damage to:

• your home (apartment, house), villa, garage, listed in the policy and their appurtenances: electrical, heating, sewerage, and telephone installations, fireplaces, external shutters, terraces, sheds connected to the insured building, walls, fences, retaining walls, antenna equipment, external lighting fixtures, and the like;
• household property used for daily and normal use in your home;

Basic coverage: STANDARD:

• fire, including the consequences of firefighting, lightning (damage caused by indirect lightning strikes), explosion, collision or fall of a piloted object, its parts or cargo;
• implosion;
• storm, hail, torrential rain, flood, hurricane (falling trees, branches, and other external objects as a result of a storm, hurricane, or hail);
• weight due to natural accumulation of snow and/or ice;
• wetting of property due to leakage of water and steam from tanks, pipe installations and connected appliances;
• impact by a vehicle or animal or accident with loading and unloading machines during loading and unloading;
• freezing;
• necessary expenses;
• burglary and/or theft using technical means, vandalism, and robbery.

Extended coverage: PEACE OF MIND:

• the above coverage plus the following:
• landslides and/or collapse of earth layers or action of groundwater;
• malicious acts by third parties;
• earthquake.

Maximum coverage: SECURITY:

• the above coverage plus the following:
• arson and/or explosion;
• breakage of glass, shop windows, advertising signs and billboards.

Additional coverage, optional:

• short circuit, including electric shock
• civil liability to third parties.

Are there any coverage restrictions?

• The damages covered are up to the insured amount or up to the limit specified in the policy for the relevant clause.
• The insurance can be taken out at the minimum prices per square meter offered by us or at higher prices specified by you. If we find that the actual value of the property has been underestimated by more than 50%, a reduction will be applied when determining the compensation due.
• The insurance does not cover the deductible specified in the policy, if agreed.

Term of coverage:

• The coverage begins on the date and time specified as the start date in your policy. The insurance coverage ends on the date and time specified as the end date in the policy.
• In case of non-payment or partial payment of an installment by the due date specified in the policy, the coverage under the policy shall terminate at 24:00 hours on the 15th day from the due date or on another date expressly specified in the policy.

How do I pay?

• The insurance premium is paid in a lump sum or in installments, in the manner and amount agreed in the insurance contract.
• You can pay the insurance premium at the offices of JSIC "OZK - Insurance" throughout the country, by bank transfer, or through your insurance broker.
• For policies issued on deferred payment, you can pay the next installment due at www.online.ozk.bg/vnoska.