ROSNO Insures Mortgage Loans in Samara
OREANDA-NEWS. January 30, 2007. ROSNO’s Samara branch has concluded two contracts for sale of the combined insurance product "ROSNO-Ipoteka" for the total amount of 24,912 thousand 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 borrowers’ accident and sickness 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 outside the owner’s control, provided that such loss is confirmed by legally valid and effective statement.
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