Title insurance

Interest:

Property right (title) of real estate owners’.

Scope of cover:

Loss by the owner of the real estate as a result of the court deciding the transaction of sale and purchase null and void and applications of the transaction invalidity consequences or satisfying by the court of the vindication claim against the property owner on the bases provided by the legislation of the Russian Federation.

Complex insurance of financial institutions against crimes (BBB)

Scope of cover:

• Fraudulent actions of the employee;
• Damage caused to values (in cash, ingots and items made of precious metals etc.) being in the premises of the Insured or its correspondents as a result of:

• Theft, robbery
• Damage, destruction, loss

• Damage caused to the values belonging to the Insured during their transportation;
• Losses caused by fake payment documents or by fraudulent receiving of the customer’ payment orders;
• Losses caused by operations with false securities;
• Losses caused by acceptance of counterfeit money;
• Damage to premises and internal equipment as a result of theft, vandalism, other deliberate actions;
• Legal charges borne by the Insured while defending against claims and proceedings initiated against it in connection with the above insured accidents.

Electronic and computer crimes (ECC) Insurance

Objects of insurance:

Losses connected with computer and electronic networks of the Insured, including those caused by deliberate actions of employees of the Insured.

Scope of cover:

• Fraudulent input of data or commands in computer networks of the bank, service company, electronic systems of money transfer or systems of communication with the customers;
• Liability before customers emerging due to unauthorized access of the third parties to computer networks of the bank when it acts as a service (processing) company for its customers;
• Deliberate damage of electronic data and their carriers while stored with the bank, in the course of their record or transportation;
• Computer viruses;
• Receiving of the forged orders of the customers transferred via electronic communication systems;
• Liability of the bank before its customers for their payments made under forged orders of the bank;
• Liability of the bank for the central depositary carrying out of operations with securities on electronic carriers under the forged computer commands of the bank;
• Fulfillment of operations on the basis of forged instructions of the Insured person’s customers being delivered by fax or by phone.

.