OREANDA-NEWS. March 02, 2011. Lipetsk residents are able to benefit from the Voluntary Private Real Estate and Property Insurance Program developed by ROSNO experts, reported the press-centre of ROSNO.

The Program’s basic principles are affordability and reliability, secured through the affordable size of insurance premium and simple procedure for conclusion of insurance contracts. Thus, a housing insurance contract may be concluded without visiting the insurance company. The potential insurants (owners or tenants of a residential premise) are furnished with offers of voluntary insurance coverage of the apartment furnishing and movable property. Also enclosed is the separate payment receipt for the monthly or quarterly insurance premium. If the potential client is satisfied with the offer, he or she may make payment under the said receipt in any Sberbank office, thus obtaining insurance coverage for his or her property for the chosen period. The fact of payment under the receipt constitutes consent to the insurance terms and conclusion of a contract with OJSC IC ROSNO on the terms specified in the Certificates of Housing and Movable Property Insurance provided by OJSC IC ROSNO.

The insurance coverage of residential premises and property is voluntary, so the decision of whether to participate in the Program is left to each family’s sole discretion.

The cost of voluntary insurance under the new Program is just 50 roubles per month or 150 roubles per quarter. This contribution will enable the insurant to qualify for insurance compensation of up to 200,000 roubles for the complete loss of the apartment furnishing and plumbing systems and up to 100,000 roubles for the loss of property. The insurance protection becomes effective on the first day of the month immediately following the month when insurance premium is paid. Those who participate in this program will be able to recover the cost of their property in case of any of the following events: fire, explosion of household gas, flood, natural disasters (storm, whirlwind, hurricane, tornado, or hail), lightning strike, burglary, or robbery.

To receive an insurance compensation, the insurant must inform the insurer about commencement of an insured accident and also notify the same to the competent bodies (communal services, state fire supervision department, EmerCom, etc.). Then the insurer must be furnished with copies of the documents certifying payment of insurance premiums, a certificate from a competent authority and documents certifying the right to possess the insured premise.

Today, the voluntary housing insurance program developed by ROSNO experts is successfully implemented in many Russian regions, including Moscow, where it is effective since 1996.During the years of implementation of this unique project, insurance compensations were paid to thousands of people residing in megalopolises. For example, in the past year 2010, ROSNO insurance compensations paid under the Program equalled 27 million 530 thousand roubles, and the quantity of insured apartments exceeded 250 thousand.

Insurance is an efficient tool of property protection against unforeseen situations, recognized in all civilized countries. According to the EmerCom statistics, each hour 16 fires are raging in residential buildings across Russia. The country’s average material damage from each of those fires is 35 thousand roubles.