Insurance of the risk associated with the loss of ownership of real estate
No matter what real estate you buy - big or small - you hardly want to lose it due to the invalidity of the agreement, which may appear after some time. You can protect yourself from such cases with the help of insurance against the risk associated with the loss of ownership of real estate.
Who can enter into an insurance contract?
Legal entities and legal entities.
What risks are covered?
Payment of insurance compensation is carried out in case of loss of property ownership as a result of recognition of the agreement on the purchase of real estate as invalid for the following reasons:
- concluding an agreement under the influence of deception, violence, threats;
- violation of the rights of minors;
- conclusion of an agreement by an incapacitated or partially incapacitated person;
- concluding an agreement in violation of the norms established by the legislation;
- conclusion of an agreement by a person who does not have the right to do so; other violations that provide grounds for denial of ownership.
And also other risks that can be set individually according to your needs.
The size of the insurance amount?
The insurance amount depends on:
- the actual (market) value of the property at the time of concluding the insurance contract;
- the price of the property according to the purchase and sale agreement;
- the value of the real estate object as assessed by BTI;
- other factors, for example, the size of the loan secured by real estate, etc.
What is the territory coverage?
The location is immovable property.
What is the term of the Contract?
up to one year, for one year and more than one year
Why is it worth purchasing an insurance policy against the risk of loss of ownership of real estate from IC AXIOMA?
IC AXIOMA has extensive experience in insuring risks associated with the loss of ownership rights to real estate. For our Clients, in addition to the established programs, we select individual coverage conditions that meet their requests and interests. Thanks to the extensive partnership program and professionalism in the insurance market, the IC AXIOMA’s broker studies in detail and offers coverage with the best conditions that guarantee you reliability and safety, and an additional advantage is that you can always find your insurance policy in the Personal Cabinet on the IC AXIOMA website, which is accessible 24/7. The broker guarantees to provide support even in the event of an insurance event, and to speed up the payment of insurance compensation.