Individual and Group Accident Insurance
Personal accident insurance provides coverage and protects the insured in the event of an accident resulting in injury and/or death. Benefits include compensation in the event of accidental death, permanent total disability, partial permanent disability, and temporary total disability. In case of disability, the insurer may offer daily income benefits to the insured as well as additional support for rehabilitation if the insured is unable to work for a certain period, according to the conditions defined in the contract.
1. Personal Accident Tariffs
Family and Individual Health Insurance
Family health insurance is offered to all individuals and can be extended to include a partner (spouse), children, or even individuals living alone who are of legal age. This insurance product covers outpatient, inpatient, and other relevant expenses according to the health contract.
Products
Group Health Insurance
Group insurance (collective policies) is offered to employers, including businesses, organizations, associations, public institutions, and others, to cover their employees for hospitalization, outpatient care, and other relevant health insurance expenses.
2. Health Insurance Tariffs
Motor Vehicle Insurance (Casco)
Casco insurance covers risks that may cause damage, destruction, or loss of the insured object due to unforeseen events beyond the control or intention of the insured or the driver, such as traffic accidents, vehicle theft, natural disasters, and more, as specified in the insurance policy.
3. Casco Insurance Tariffs
Cargo Insurance
With cargo insurance, the insurer guarantees compensation of the insured value in case of total or partial loss or damage of transported goods. Coverage is based on the value of the commercial invoice. This insurance is offered according to three basic clauses of cargo insurance, named Clause A, Clause B, and Clause C, based on the international standard of the London Institute of Cargo Clauses.
Products
Cash-in-Transit Insurance (CIT)
The insurer compensates the insured for the loss or damage of insured property during transit, under the custody of employees, transport companies, or physical security, for the purpose of transporting money on behalf of the insured.
Business Property and Home Insurance
In property insurance, the insurer compensates the insured for the loss, damage, or destruction of the insured property in a sudden, unforeseen, and accidental manner as a result of fire, lightning, explosion, collision, or the fall of an aircraft, its parts, or its cargo. Fire insurance is the basic coverage, while additional coverages include insurance against:
1. Earthquake;
2. Storm;
3. Hail;
4. Flood;
5. Landslide;
6. Theft;
7. Glass breakage;
and other insurance coverages that may be offered under the insurance policy.
CAR and EAR Insurance
Construction and erection insurance is based on the “all risks” coverage system. This insurance includes two similar types of coverage:
- Insurance against basic risks during construction (CAR - Contractors’ All Risks)
- Insurance against basic risks during erection (EAR - Erection All Risks)
This insurance provides coverage for possible damages during the construction or erection process, including: fire, lightning strike, explosion, storm, hail, demonstrations, impact from motor vehicles or work machinery, aircraft fall, water leakage from installations, collapse and ground subsidence, frost, ice, snow load, snow avalanche and rain, malicious damage, as well as public and professional liability of the contractor for damage caused to third parties.
Products
Cash in Safe Insurance
The insurance covers banknotes in the form of various currencies, up to the limit mentioned in the insurance policy. The insured assets may be owned by the insured or held by the insured in any form that makes the insured liable for their loss.
4. Property Insurance Tariffs
Domestic MTPL
Mandatory Motor Third-Party Liability (MTPL) insurance covers all damages caused to third parties in road accidents, including bodily injuries and material damages.
Products
MTPL+
Owners of motor vehicles registered in Kosovo who hold a valid MTPL Plus insurance policy can freely enter and travel in North Macedonia, Montenegro, and Serbia. Meanwhile, to enter and travel in Albania, a valid local MTPL policy is required.
Public Liability Insurance (GTPL)
Public liability covers the legal responsibility of the insured for damages caused to third parties during the performance of their activity, including death or bodily injury and property damage.
Products
Product Liability Insurance
Product liability provides insurance coverage for manufactured products in relation to third parties, including damages that may result in death, bodily injury, loss, or damage to property, as stipulated in the general and specific terms. This policy covers potential damages that may be caused by various products or goods.
Products
Professional Liability Insurance
Professional liability covers professional negligence during the exercise of the profession for which a physical or legal person is qualified. This insurance covers legal-financial and material responsibility towards third parties, as a result of failure to perform professional duties at an adequate level. Damages resulting from professional negligence can cause financial or physical harm.
Products
Directors' and Officers' Liability
Directors' and officers' liability insurance covers damages caused to third parties and the legal defense costs in a compensation claim procedure, if there has been misleading advice, negligence, misstatement, or wrongful actions by responsible directors and officers. This insurance covers financial consequences caused by gross negligence in exercising legal authorizations.
Products
BBB/ECC Insurance
Comprehensive insurance for banks and financial institutions offers solutions for risk management in banks and financial institutions. This insurance covers employee dishonesty incidents, such as financial fraud for gain, embezzlement of funds, theft, damage, destruction, misuse of institutional assets, forgery of checks, transfers, etc. It also covers losses or damage to property, losses or damages to financial means, offices, and their contents in cases of theft, attempted theft, intentional damage, or vandalism. Meanwhile, cybercrime insurance covers financial liability caused by potential intrusions into computer systems with the intent to cause harm.
BBB/ECC Insurance
The comprehensive insurance for Banks and Financial Institutions provides solutions for risk management in banks and financial institutions. This insurance covers incidents of employee dishonesty, such as financial fraud for personal gain, embezzlement of money, theft, damage, destruction, and misuse of institutional assets, as well as check and transfer forgery. It also covers losses or damages to property, financial assets, offices, and their contents in cases of theft, attempted theft, intentional damage, or vandalism. Meanwhile, insurance against computer-related crimes covers financial liability resulting from potential intrusions into computer systems with the intent to cause deliberate harm.
Bid, Execution, Advance, Customs Deposit, and Work Quality Guarantee Insurance
Guarantee Insurance is a policy that ensures the fulfillment of a specific obligation between one party (the Insurer/Guarantor), who is responsible to the other party (the Beneficiary/Contracting Authority) for any failure to meet commitments or fulfill obligations by a third party (the Insured/Economic Operator) for a specific project.
Travel Health Insurance
Travel health insurance is a product that protects travelers from emergency medical expenses in the event of an acute or unexpected illness, or in case of an accident suffered by the insured during the insurance period while traveling outside the territory of Kosovo. This policy also covers repatriation costs in case of illness or death.
5. Travel Health Insurance Tariffs
