PROPERTY

Home is not only the warmest and most cherished place for a person, but also a sanctuary that demands our utmost care and attention.

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However, unforeseen damages can occur in our apartments or private houses, resulting in both property and financial losses. Incidents like pipe leaks, toilet malfunctions, sewer issues, electrical short circuits, and the looming risk of theft can disrupt our peace of mind.

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To address the aftermath of such occurrences, EFES presents an exclusive HOME INSURANCE package. This specialized offering covers both apartments and private houses designated for residential purposes

 

• The insurance is valid in the Republic of Armenia.

• The contract is valid for 1 year, and it enters into force 7 days after its signing.

• You can receive compensation both in cash and in a material form. Organization of repair of damaged property by the Insurer / or payment through the organization that has signed a corresponding contract with the Insurer.
   

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WITH WHOM IS THE CONTRACT SIGNED?

• The insurance contract is signed by the owner of the apartment or private house or another person who has a property interest (for example, with the tenant).

• According to the contract, the beneficiary is the owner.

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PROPERTY COVERAGE INCLUDES:

• Interior decoration, doors, windows

• Electricity, water, heat, and gas supply, and other systems

• Household and electrical appliances

• Furniture, clothes, dishes, rugs

• Valuable property, including canvases and other valuables

• Exterior decoration

• Exterior and interior walls

• Load-bearing partitions, pedestal foundations

• Ceiling, roof, balcony

• Damage to the third parties as a consequence of usage, management, and/or possession of the property

 

COVERAGE INCLUDES THE FOLLOWING RISKS:

• Fire

• Explosion

• Damage from water

• Glass breakage

• Natural disasters, except earthquakes

• Liability to third parties

• Damage caused by animals

• Illegal actions of third parties

 

The insurance premium depends on the type of house, whether it is an apartment or a private house, the area and the purpose of use (personal or rental).