Broken glass insurance

 Broken glass insurance

This type of insurance compensates the insured for damages and losses to the facade glass panels due to an unexpected accident, provided that the responsibility of the company does not exceed the declared insurance amount.

The Glass may be subject to breakage or damage for several reasons, such as: storms, earthquakes, fire, lightning strikes, external explosions, thefts and riots, in which this form of new insurance coverage is aimed at securing the glass.

Compensation limits

Compensate the insured up to the insurance amount in case of glass breakage, either by:

  • Payment of, or repairing broken glass.
  • Payment of glass repairment temporarily, until it is replaced.

The annual premium is calculated based on a percentage of the amount of the liability limits  as specified above.