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Insurance - Frequently Asked Questions

Insurance

How are my policy premiums are collected?

What are the risks that are not covered by compulsory earthquake insurance?

As per the new Law on Disaster (Catastrophe) Insurances, the Compulsory Earthquake Insurance is a requirement for water and electricity subscriptions as of 18 August 2012.

All kinds of movable assets, belongings, and the like
Wreck removal expenses, profit loss, business interruption, rent loss, expenses regarding alternative residence and business premises, financial liabilities, and other indirect or direct losses that may be claimed
All bodily damages including death
Claims for moral damages