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Home Contents Insurance from Armeec

Home Contents Insurance from Armeec

Armeec insurance company offers the following types of Home Contents Insurance:

  • Protected Family insurance
  • Protected Home insurance

The Protected Family insurance is intended for Bulgarian and foreign natural persons. It is concluded for permanently occupied residential buildings and the movable property in them.
The main risks covered are fire, natural calamities, water supply and sewerage damages, short circuit and over-voltage, impact from motor vehicle, vandalism. These covers are compulsory for conclusion of the insurance policy. The insurance company also offers additional risks covered like earthquake, burglary, loss of rental income, third party liability, glass breakage, expenses for alternative lodging, death, permanent or temporary disability.
The insurance is issued on the first risk basis, i.e. the total amount of damage is compensated, up to the chosen limit.

The premium under the Protected Family insurance is paid as a lump sum, there is no installment payment option.

The Protected Home insurance is a comprehensive insurance for Bulgarian and foreign natural and legal persons. The subject matter are residential buildings, villas, utility buildings, as well as general furnishings and personal belongings, electrical appliances, electronic devices, works of art, etc.

The risks covered as the same as the abovementioned. The only difference is that fire insurance is compulsory, while the others are voluntary.

The insurance premium can be paid as a lump sum or in installments.
There are discounts for lump sum payment, for self-participation, for complex insurance, for renewal of the policy and for lack of damage claims in the previous year.
 

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