What Property May Be Insured?
What Should You Pay Attention To? Pre-Insurance If the property value at the time of the insurance claim is higher than the amount insured as stipulated in the insurance contract, the insurance company is entitled to decrease the amount insured. It is therefore, necessary to update the amount insured so as to correspond to the actual property value to be insured. Breaching Insurance Contract Every insurance contract stipulates rights as well as obligations. Unfulfilling obligation, e.g. insufficient property protection against robbery, can lead to a decrease or the rejection of the amount insured. Breaching Generally Applicable Law of the Slovak Republic or Technical Norms Breaching legal requirements, insufficient fire protection or irregular fire extinguisher checks etc entitle the insurance company to decrease the amount insured with regard to extent of the breach. What Solution suits you? Every company requires an individual approach. Should you wish to learn more, contact us. 
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