Who can be insured?

This type of insurance is available to any legal person (trade company, organization, association, union, institution) legally incorporated on the territory of Moldova.

Covered risks

The insurance covers material loss that the insured could incur as a result of his/her being held civilly liable for damage caused to third parties: through his/her fault, through the fault of other persons for who he/she is legally liable, by objects and animals under its legal safeguard and due to building destruction.

Damages

Upon occurrence of any of insured risks Victoria Asigurari pays out amounts that the insured must pay as indemnity for:

∙ damage caused to third parties through bodily injury, including their death

∙ damage caused to third parties through deterioration or destruction of their property

∙ costs incurred by the insured within a civil procedure (legal costs necessary for proper justice and approved by the court) if he/she was obliged to repair damages

∙ legal costs incurred by the injured party in fulfilling legal formalities in order to oblige the insured to repair damages, if the insured was obliged by court decision to do so.

Indemnity beneficiaries

Damages may be paid either to the insured or directly to the injured party with consent of and prior written notification to the insured, provided that the injured party has not already been indemnified by the insured. In case of death damages are paid to rightful heirs of the deceased.

Insurance validity

The insurance is only valid on the territory of the Republic of Moldova.

Exceptions

The following are not included in the insurance or offered indemnity for:

∙ any claim for indemnity for damages in any way caused by magnetic and/or electromagnetic fields;

∙ claims referring to damage caused by war (whether declared or not), terrorism, bioterrorism, invasion or action of a foreign enemy, civil war, revolution, rebellion, insurrection, garrison state, conspiracy, seizure, expropriation, nationalization, requisition, sequestration, destruction or damage by order of any legal or actual government or any public authority;

∙ claims referring to damage caused by any nuclear explosion, radiation or radioactive contamination due to the use of nuclear energy or fissile materials;

∙ claims referring to damage caused by transport of dangerous (radioactive, ionizing, flammable, explosive, corrosive, combustible) goods when these goods determined or aggravated occurrence of damage;

∙ claims referring to damage caused by pollution or contamination due to any environmental cause (water, air, soil);

∙ claims for indemnity under any car insurance (MTPL) and in case when civil liability results from an accident produced:

- by vehicles, including towing or other vehicles with mechanical traction, whether subject to registration or not (electric carts, elevators, stackers, construction equipment, farming equipment);

- by boats, sea ships, aircrafts or any other transport means (glider, hot air balloon, paraglider, zeppelin, hang-glider), whether it was owned, borrowed, lent, drove or piloted by the insured;

- through embarkation to /disembarkation from the abovementioned transport means.

 

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