THE OBJECT OF THE INSURANCE

The insurance covers the following:
Buildings and other  structures such as the following fixed installations from within the premises of the buildings: hygienic-sanitary installations, installations used exclusively for the heating of the insured locations (only pipes and calorifiers, with the exception of autonomous heating systems), fixed lighting installations, air-conditioning installations (only piping, except the machinery used to generate air-conditioning).

Machinery, installations and equipment represented by:     

• machines (not motor vehicles), machinery (including the cabin, the guiding railings, the counterweight and the trolley of the operator, the heating system, the machine which generates air-conditioning) including agricultural machinery, utensils, spare parts and the respective supporting platforms;
• equipment, including prevention and alarming installations;
• furniture, office appliances, electronics and electro-technical apparatus;     
• lifting equipment and installations, other than those comprised in the building chapter;    
• tanks and silos, other than those fitted into concrete;     
• weighing means, traction means and non-registrable transport means.

Merchandise represented by:    

• raw materials, materials, semi-finished and finished goods;    
• goods which are in the process of being produced, in the warehouse or in stocks;    
• consumption materials, packing material, quality control rejected products and production waste.

INSURED RISKS

STANDARD RISKS (basic risks)
Fire, lightning, explosion, the fall of aircraft.

ADDITIONAL RISKS:

• flood occurred due to natural causes;
• weather phenomenon, storm, hail, torrential rain including de indirect effects thereof;
• landslides;
• overflow of the water from the sewage or the water supply system;
• flooding of rooms with water coming from third parties;
• goes located in open air;
• earthquake, including the indirect effects provoked by such a phenomenon;
• the weight of the snow layer;
• damages caused to merchandise the basis of which is at less than 12 cm above the floor;
• damages caused a glimpse work to merchandise located in rooms in the basement or semi-basement;
• theft by breaking an entry;
• appropriation of insured goods by means of acts of robbery;
• theft of insured clients by using original keys obtained previously by acts of robbery;
• vandalism;
• political risks (strikes, riots, civil disorder), only material damages caused to the insured goods during strikes, riots, civil disorder.

LIABILITY PERIOD

The insurance period is of 12 months.

INSURED AMOUNTS

Buildings and goods covered on grounds of the present conditions shall be insured at the values declared by the Insured/Contracting party and accepted by EUROINS.
Stocks of goods may be insured at:

• the maximum value of the existent stock at a certain time;
• the value of the existent stock at the time of the conclusion of the insurance;
• a value which may be updated periodically;
• on grounds of the statements of the Insured/Contracting party.

The insured amounts may be expressed in RON, EUR.

ADDITIONAL CLAUSE A regarding the optional insurance of windows, mirrors and of other brittle goods, against breaking or cracking.

THE OBJECT OF THE INSURANCE

By the present Additional Clause, EUROINS insures windows, mirrors and other brittle goods against the risk of breaking or cracking, goods for which the Insured has a direct interest.

COVERED RISKS

The company pays compensation in the case of damages to windows, mirrors or to any other brittle insured goods, damages occurred by breaking, denting or cracking due to:
a) human acts;
b) accidents of any kind, including those occurred because of animals;
c) assembly, dismantling or moving insured goods.  
Insured risks are particular and shall be added to the risks related to the basic coverage.

ADDITIONAL CLAUSE B regarding the insurance against losses due to the interruption of activity as a result of insured risks.

THE OBJECT OF THE INSURANCE

EUROINS hereby covers financial loss that the Insured may suffer during the course of business by interruption of the activity as a consequence of the occurrence of one or more of the risks covered by the basic insurance.

COVERED RISKS

The insurance covers the loss suffered due to the interruption of the activity, respectively profit loss, additional expenses incurred for resuming the activity after the occurrence of the insured event and expenses incurred for the assessment of damages, out of which there was subtracted the amount of profit recovery and variable expenses as a consequence of the occurrence of the insured event. The insurance period is of a maximum of 3 months.

INSURED AMOUNT

The insurance shall be concluded at the amounts stated by the Insured, according to accounting records and according to the amounts approved by EUROINS, representing the maximum limits for the liability of EUROINS, as follows:
a) "Gross profit" estimated to be obtained by the Insured throughout the insurance period;
b) Additional expenses necessary for resuming activity;
c) Expenses incurred for the assessment of the damage;