ROSNO Insures Mortgage Loans
OREANDA-NEWS. On November 08, 2007 ROSNO’s Samara branch has concluded 9 large contracts for the combined insurance product "ROSNO-Ipoteka" for the aggregate amount of over 18,250,000 roubles, reported the press-centre of ROSNO.
The property risks insured under these contracts include fire, gas explosion, lightning stroke, aircraft impact, illegal third-party actions, flood, natural disasters, and collision with land vehicles.
The accident insurance coverage provides indemnification against the following risks: death of the insurant due to an accident or natural reasons; permanent and complete loss of general working ability with assignment of the 1st or 2nd disability group to the insurant due to natural reasons.
Title insurance covers the risk of loss of ownership title to the real estate object due to the reasons out of the owner’s control, such loss being subject to confirmation by the valid and effective resolution.
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