Property Insurance

 

Commercial Property Insurance

To secure your business from sensible financial losses, Pasha Insurance offers insurance plans for the property of enterprises.

Additionally, you can insure your company against damage or loss of revenue due to downtime in production caused by an insured event.

Pasha Insurance compensates for all costs to restore the damaged property.

It is namely insurance that is capable to save your business in a critical situation. Insurance expenses are minor and you can plan them unlike unexpected disastrous losses. We propose that you identify how much funds for insurance you can provide in your expenses. Note that in accordance with the legislation of the Azerbaijan Republic all costs for property insurance of an organization may be ascribed to prime cost.

• Guarantee of reliability of insurance protection is a significant volume of Pasha Insurance’s own funds and reinsurance in first-class foreign companies.

• Comprehensive protection of your business is possible thanks to a wide variety of insurance plans offered by Pasha Insurance

• You save money by using a flexible system of base rate and deductibles (also when extending the contract) and get an individual insurance plan, which takes into consideration your interests to the maximum extent possible.

• The insurance policy can be paid by installments.

• You lessen the degree of risk by using the recommendations of our professional experts.

• Pasha Insurance runs a simplified procedure of payments upon occurrence of an insured event.
  

Accepted for insurance is property owned by a company, as well as that, which is at its disposal pursuant to a contract on hiring, rent, leasing, handed over for safe storage, mortgaged or to be transported:

Buildings;
Structures;
Machinery and equipment;
Measurement and control instrument and devices;
Computing facilities and office equipment;
Tools, production and household inventory;
Transportation means and other mobile machines at the time of their presence at the place specified in the insurance contract;
Units of uncompleted construction;
Production, goods, raw materials, substances and other inventory holdings;
Interior objects and decorations, furniture;

Pasha Insurance covers costs related to loss (death), shortage or damage of the insured property occurred as a result:

• Fire;

• Lightning;

• Explosion of gas used for domestic purposes;

• Fall of aircraft or their parts or or any article therefrom;

• Escape of water from water lines, sewage system and fire extinguishing system;

• Natural disasters;

• Explosion of steam boilers, gas storages, machines, devices and other similar equipment;

• Burglary, robbery;

• illegal actions of third persons aimed at destruction or damaging property;

• Breakage of glasses, mirrors and show-windows;

• Damage to the property during uploading and unloading.
  

Damage as a result of smoke, high temperature, gas or air pressure are also covered.

 

Household Insurance

What is more important than home?! Every one takes a lot of effort to build this small world of warmth and cosiness. Its value cannot be measured by material resources spent. All that surrounds us – habitual set-up, familiar objects, and beloved domestic animals – all of this is a part of our harmony. Our spiritual serenity depends on the stability of this world.

Why risk the most important? All that you love, all that is dear to you needs protection. To buy an apartment and own it is only half of the work. It is important to provide reliable protection of one’s property.

At Pasha Insurance you can insure an apartment/house by an individual insurance plan suitable for you.

Insurance entities can be an insurer’s property interests related to ownership, disposal and use of property. Subject to insurance is a property owned by an insurer as private property, as well as a property accepted by an insured party for asset management, rent, leasing and mortgage.

Pasha Insurance offers its clients comprehensive insurance plans for apartments, their interior finish and equipment, as well as domestic property. You may also insure civil liability when using living quarters. Such an insurance policy will free you from the necessity to compensate, at your own expense, for losses you may cause involuntarily to neighbors.

By the property insurance policy you insure:

Cottage, villa, household structures (garage, sheds, back rooms)
Apartment with standard decor
Decoration and equipment of a living quarter
Units of uncompleted construction
Home property:

• Furniture;

• Household, computing facilities and office equipment, TV, video and audio equipment;

• Carpets, crockery, clothing and etc.;

• Works of art, antiques, objects, which have cultural value, jewelry and so on.

Property can be accepted for insurance as per the following risks:

• Fire (uncontrolled spread of fire);

• Escape of water as a result of any accident in the water supply system, heating, sewage systems and others.

• Natural disasters;

• Theft, robbery, plunder and other illegal actions of third persons;

• Fall of flying objects or their fragments, crash by vehicles, fall of trees and other objects;

• Explosion and so on.