Insurance has become an essential item of security for people throughout the world. Armenia insurance meets the demands of the economy for risk protection.
Armenia insurance helps its inhabitants to the transfer of risk by an individual or organisation, known as the policy owner, to the insurance company. In return, the Armenia's insurance company receives payment in the form of premium. In the event of loss suffered by the policy owner, the insurance company will compensate for the loss or damage. Armenian insurance caters to different fields which includes :
Accident Insurance
Accident Insurance for Employees
Agricultural Machinery Insurance
Aviation Risk Insurance
Cargo Insurance
Children's Insurance
Construction Risk Insurance
Fire Insurance
General Liability Insurance
Insurance of Pledged Property
Liability Insurance for Employers
Liability Insurance for Motor Vehicle Owners
Medical Insurance for Travellers
Motor Vehicle Driver's Insurance
Motor Vehicle Passenger Insurance
Property Insurance
Railway Passenger's Insurance
Reinsurance
Sports Accident Insurance
Third Party Insurance
Third Party Insurance for Builders
Travel Insurance
Vehicle Insurance
Insurances of Armenia covers different benefits according to the policies that the Armenians has taken accordingly :
Medical Insurance
Travel Cancellation Insurance Cover
Frequent Flyer Insurance
Additional Expenses
Loss Of Income
Out Of Pocket Expenses
Travel Delays
Return Airfares
Resuming Travel
Special Events
Car Rental Excess
Domestic Pets
Holiday Disruptions
Hijacking
Alternative Staff
Services Withdrawal
Snow Skiing
Golf Cover
Accidential Death
Luggage And Personal Effects
Passport Replacement
Personal Liability
Permanent Disability
Business Cover
Armenia insurance contract is a contract of utmost good faithfor its inhabitants and only applies to the physical damage to a property where the loss can be quantified in monetary term.
