ROSNO Provides Appraiser Liability Insurance Coverage for RUR 50 mln
OREANDA-NEWS. March 16, 2009. ROSNO’s Siberian Directorate has concluded an appraiser’s liability insurance contract with Siberian Appraisal Institute Ltd. The insurance amount is 50,000,000 roubles, reported the press-centre of ROSNO.
The concluded contract serves to protect the property interests of the insurant (Siberian Appraisal Institute Ltd.) related to the risk of incurring civil liability in connection with its business operation.
In case of an insured event, ROSNO will reimburse the property damage inflicted to third parties through the insurant’s professional activities, as well as the damage inflicted by Siberian Appraisal Institute Ltd. to the customer that had concluded a property appraisal contract. The contract has been concluded for 1 year.
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