Insurance for inventory and goods
Information document about the insurance product
- Company:
- Hagelunie NV, schadeverzekeraar, licence number: 12000562 (NLD)
- Product:
- Insurance for inventory and goods (eng, irl)
This document only provides a summary of the key features of the insurance. You will find all the terms and conditions in the policy conditions.
This insurance provides cover for damage to equipment and materials you need for normal operation on your nursery and stock.
This cover does not include equipment and materials that are a fixed part of the building.
All equipment and materials you need for normal operation on your nursery and stock at the risk address mentioned on the policy.
There are some exclusions which you can read in our document with terms and conditions.
Inventory is indemnified on day value or by choice on new value. Stock is indemnified on market value.
Salvation costs are covered.
There is a limit to the amount.
Besides Fire and Storm you can choose to cover damage as a result of hail, burglary, theft and precipitation.
Water damage by precipitation coming in through open doors or windows is not covered.
Vehicles can be insured under inventory only for fire and theft.
You have the right to consult your own expert in case of a claim. Your expert will deal with our expert to settle the claim. The costs for this expert are part of the claim, but have a refund limit which is explained in our terms and conditions.
Damage to computers or data caused by malfunctioning software is not covered.
Damage in coldstores as a result of a non functioning of the cooling equipment is not covered.
Unless the non functioning is covered by an insured event like fire.
Money, valuable papers, vehicles, caravans, boats or plants are not seen as inventory.
Plants can be insured as stock. This is explained in our conditions.
A deductible means that you pay the first part of any claim. Different deductibles may apply under different circumstances. The amount of the deductible or deductibles is the amount shown on your certificate of insurance.
You must act according the things we agreed like prevention and security.
If the building is not used there are limitations on cover. This is explained in our conditions.
The insurance is valid for your equipment and materials you need for normal operation on your nursery and stock located on the risk address that is mentioned on your policy.
You have to answer our questions honestly when applying for our insurance. You have to inform us about changes. You have to report a damage asap after you recognized it. You have to act as much as possible to prevent a damage from happening and to limit the damage after it occurred.
You can choose to pay the premium per year or per quarter. You transfer the payment yourself.
The insurance starts on the date mentioned on the policy. You have to pay the premium as agreed upon, otherwise we have the right to cancel the insurance.
After the first year, you can cancel the contract of your insurance at any time by contacting us [by phone] [by e-mail].
You can cancel your contract per year. You can let us know in writing at least 3 months before renewal date.