Appraisers’ Professional Liability Insurance

Under the insurance agreement there can be insured:

 

The Insured’s property interests in case of occurrence of its civil liability for damage  caused by poor or improper implementation of professional activities of entities related to determining market or other value of appraisal objects within insurance period.

The procedure for insurance indemnity payment:

Insurance indemnity is paid by the Company in the amount of damage defined during the claim settlement period but not higher than insurance amount.

The Company shall pay insurance indemnity within 15 (fifteen) days from the date of signing the Act on Insurance Event.