Allianz Paid out over UAH 80,000 for Damaged Property of Opencast
OREANDA-NEWS. October 7, 2011. Allianz Ukraine Insurance Company indemnified a corporate policy holder under the construction machinery voluntary insurance agreement for loss incurred through damage of the opencast production line.
The secondary crushing production line was insured with Allianz Ukraine Ins.Co. for the amount of UAH 3,674,487. The insurance coverage under the agreement included, among others, such risks as "any accidental and unexpected external physical influence on the insured property; illegal third party actions towards the insured property". Insurance settlement paid by the Company to the owner totaled to UAH 84,961.
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