Multiple-risk insurance

Material damages

• Fire, explosion and lightning strike

  • Fire: 100%.

  • Explosion or implosion: 100%.

  • Impact by direct lightning strike: 100%.

• Extreme weather phenomena

  Wind, rain, hail and snow: Rain greater than 40 l/m2/h. Wind over 80 km/h. Hail and snow of any intensity.

• Electrical damage:

  Damage caused by electricity in the electrical installation, electrical appliances and their accessories:

  • Container: 100%.

  • Contents: 100% or the set sub-limit.

• Additional risks

  • Smoke: 100%.

  • Vandalism or malicious acts: 100%.

  • Ground vehicle collisions and impacts with objects: 100%.

  • Fall or impact of aircraft: 100%

  • Sonic waves: 100%.

  • Failures in fire extinguishing systems: 100%.

  • Riotous action and legal strikes: 100%.

  • Flooding: 100%

• Water damage, pipeline locating and repair expenses: 100%

• Breakage of glass, windows, mirrors, signs and sanitary devices: Insured sum.

  Maximum per piece of furniture: 2,000 euros.

• Robbery

  • Theft of contents: 100%

  • Theft of cash, cheques, promissory notes, state-issued paper money, postage stamps, state stamps and collections of any kind deposited in a safe: Insured sum.

  • Theft of cash, cheques, promissory notes, state-issued paper money, postage stamps, state stamps and collections of any kind not in a safe: Insured sum.

  • Theft of cash and cheques while they are being transported to a bank: Insured sum

  • Theft from a policyholder, insured party, employee or customer (with a maximum per claim of): 900 euros.

    • Goods carried on the person: 200 euros.

    • Cash: 90 euros.

    • Medical assistance: 200 euros.

  • Damage caused to a container by theft or attempted theft: Insured sum.

  • Replacement of locks due to theft or loss of keys: 900 euros.

• Aesthetic damage to the container: 100%

• Other benefits:

  • Salvage, debris, demolition and sludge removal: 10%.

  • Emergency measures: 100%.

  • Expenses for transporting the insured goods: 100%.

  • Missing objects: 100%.

  • Damage to salvaged objects: 100%.

  • Fire extinction expenses: 18,000 euros.

  • Replacement of documents: 18,000 euros.

  • Replacement of plans, patterns, designs and moulds: 18,000 euros.

  • Expert expenses and fees: 3% of the compensation (maximum €18,000).

  • Transfer of contents, rental of a premises and loss of rentals (1 year's rent): As set out in the special terms and conditions.

  • Surveillance of the insured risk: 2,500 euros.

Operating loss

• Gross operating income (permanent expenses and net profit) or permanent expenses as agreed: 100%

• Excess: 24 hours

Machinery breakdown

• Internal damage to machinery and electronic equipment: 100%.

• Data retrieval and reprinting: 18,000 euros.

Civil liability

• Operational civil liability: 100%

• Civil liability for work accidents: 100%

• Defence expenses and civil bonds: 100%

Transport

• Own vehicles: 100%.

Personal accidents

• Collective bargaining agreements (Workers registered in social security): 100%

Assistance

• Selecting and engagement with professionals

  • Sending professionals in the event of a claim: 100%

  • Extraordinary expenses due to a claim, replacement of TV or video (15 days): 100%

• Repairs, refurbishments and other services

  • Emergency repair of lock, glassware, electricity and plumbing faults (in cases not covered by the contracted coverage): 3 hours of labour and travel. Materials and excess labour time for which the insured party the insured is responsible

  • Rescue of people locked in insured premises due to lock faults: 605 euros.

  • Professionals carrying out refurbishments and other repairs: Contact and supervision service. Expenses borne by the insured party.

• Legal defence

  • Legal costs and legal claims: 5,000 euros.

  • Legal advice service: 100%.

Special conditions

• Cold stores shutdown (cp.03) €6,015.

  Excess: 15% min. 150 euros.

• Product liability cover (cp.05): 100%.

• Additional liability coverage for public parking and garages (cp.07): 100%.

• Additional civil liability coverage for educational centres (cp.08): 100%.

• Additional civil liability coverage for hospitality establishments (cp.09): 100%.

  • Vehicle damage: 60,105 euros.

  • Excess: 150 euros.

• Additional civil liability coverage for dry cleaners and laundries (cp.10): 12,025 euros.

  • Maximum per garment and customer: 605 euros.

  • Excess: 15% min. 150 euros.

• Property owner civil liability coverage (cp-15): 100%

• Daily compensation (cp-19): 100%

  As a result of a claim covered by the material damage coverage: Sum insured, maximum three months, two-day grace period.

• Damage to goods contained in cold stores (cp-55): 100%

Extraordinary risks (insurance compensation consortium):

• Material damages: 100%

  Percentage excess with a minimum of: according to clause

• Personal injury: 100%

  • Death: 100%

  • Permanent disability or occupational disability: 100%

Material damages

• Fire, explosion and lightning strike

  • Fire: 100%.

  • Explosion or implosion: 100%.

  • Impact by direct lightning strike: 100%.

• Extreme weather phenomena

  Extreme weather phenomena: wind, rain, hail and snow: Rain greater than 40 l/m2/h. Wind over 80 km/h. Hail and snow of any intensity.

• Electrical damage:

  Damage caused by electricity in the electrical installation, electrical appliances and their accessories:

  • Container: 100%.

  • Contents: 100% or the set sub-limit.

• Additional risks

  • Smoke: 100%.

  • Vandalism or malicious acts: 100%.

  • Ground vehicle collisions and impacts with objects: 100%.

  • Fall or impact of aircraft and sonic waves: 100%.

  • Failures in fire extinguishing systems: 100%.

  • Riotous action and legal strikes: 100%.

  • Flooding: 100%

• Warranty extension (for cattle, straw and fodder and irrigation equipment)

  • Extreme weather phenomena Rain greater than 40 l/m2/h. Wind over 80 km/h. Hail and snow of any intensity: Insured sum.

  • Additional risks: Insured sum.

  • Attacks on insured livestock: Insured sum.

• Water damage, pipeline locating and repair expenses: 100%

• Breakage of glass, windows, mirrors, signs and sanitary devices: Insured sum

  Maximum per piece of furniture: 2,000 euros.

• Robbery

  • Theft of contents: 100%

  • Theft of cash, cheques, promissory notes, state-issued paper money, postage stamps, state stamps and collections of any kind deposited in a safe: Insured sum.

  • Theft of cash, cheques, promissory notes, state-issued paper money, postage stamps, state stamps and collections of any kind not in a safe: Insured sum.

  • Theft of cash and cheques while they are being transported to a bank: Insured sum

  • Theft from a policyholder, insured party, employee or customer (with a maximum per claim of): 900 euros.

    • Goods carried on the person: 200 euros.

    • Cash: 90 euros.

    • Medical assistance: 200 euros.

  • Damage caused to a container by theft or attempted theft: Insured sum.

  • Replacement of locks due to theft or loss of keys: 900 euros.

  • Theft of livestock: 100%

  • Violent or non-violent theft of cattle in the field: Sum insured with a 10% excess, minimum 300 euros.

  • Theft of straw or dry fodder: 100%.

  • Theft of irrigation equipment: 100%

• Aesthetic damage to the container: 100%

• Other benefits:

  • Salvage, debris, demolition and sludge removal: 10%.

  • Emergency measures: 100%.

  • Expenses for transporting the insured goods: 100%.

  • Missing objects: 100%.

  • Damage to salvaged objects: 100%.

  • Fire extinction expenses: 30,000 euros.

  • Replacement of documents: 18,000 euros.

  • Replacement of plans, patterns, designs and moulds: 18,000 euros.

  • Expert expenses and fees: 3% of the compensation (maximum €30,000).

  • Transfer of contents, rental of a premises and loss of rentals (1 year's rent): As set out in the special terms and conditions.

  • Surveillance of the insured risk: 2,500 euros.

Operating loss

• Gross operating income (permanent expenses and net profit) or permanent expenses as agreed: 100%

• Excess: 24 hours

Machinery breakdown

• Internal damage to machinery and electronic equipment: 100%.

• Data retrieval and reprinting: 18,000 euros.

Civil liability

• Operational civil liability: 100%.

• Civil liability for work accidents: 100%.

• Defence expenses and civil bonds: 100%.

Transport

• Own vehicles: 100%.

Personal accidents

• Collective bargaining agreements (Workers registered in social security): 100%.

Assistance

• Selecting and contacting professionals.

  • Sending professionals in the event of a claim: 100%.

  • Extraordinary expenses due to a claim, replacement of TV or video (15 days): 100%.

• Repairs, refurbishments and other services.

  • Emergency repair of lock, glassware, electricity and plumbing faults (in cases not covered by the contracted coverage): 3 hours of labour and travel. Materials and excess labour time for which the insured party is responsible.

  • Rescue of people locked in insured premises due to lock faults: 650 euros.

  • Professionals carrying out refurbishments and other repairs: Contact and supervision service. Expenses borne by the insured party.

• Legal defence.

  • Legal costs and legal claims: 5,000 euros.

  • Legal advice service: 100%.

General conditions for the home

• Insured property:

  • Housing: Insured sum

  • Furniture: Insured sum

  • Limits unless otherwise agreed:

    • Objects of special value: 25% of the insured amount and €3,010/object.

    • Objects in gardens, garages and the like: 10% of insured amount and €3,000/claim.

    • Motor vehicles and boats: 10% of insured amount and €3,010/claim.

    • Third party properties: 1,505 euros/claim.

• Jewellery, money and credit cards: Insured sum

  Limits unless otherwise agreed:

  • Money and cheques: 305 euros.

  • Credit cards: 605 euros.

  • Jewellery: Insured amount 3,010 euros/object.

  • Jewels deposited outside the safe deposit box: 25% of insured amount for jewels with a maximum of 6,015 euros/claim.

• Fire and other damage:

  • Fire, explosion or implosion: 100%

  • Smoke from an accident: 100%

  • Lightning strike: 100%

  • Accidental subsidence of land due to works unrelated to the insured property: 100%

  • Collision or impact of vehicles, aircraft or other objects, and sonic waves or turbulence produced by them: 100%

  • Vandalism: 100%

  • Failure of fire extinguishing facilities (guarantee of other buildings): 100%

• Extreme weather phenomena:

  • Wind: Greater than 80 km/h.

  • Rain: Greater than 40l/m2/hour.

  • Hail and snow: Insured sum

• Electrical damage:

  Damages of electrical origin: 100%

• Water damage:

  • Damage in the insured property: 100%

  • Locating and repairing broken pipes: 100%

  • Blockages: 1 service per annuity and €300 maximum.

• Breakages (coverage for home and furniture):

  • Windows, glass, mirrors, screens and stained glass: 100% maximum of 3,000 euros/item.
  • Sinks and fixed sanitary appliances: 100% maximum of 3,000 euros/item.

• Theft:

  • Theft and damages caused: 100%.

  • Theft or misappropriation: 1,500 euros/insured party.

• Full accidental damage cover (Coverage for home and furniture): Amount insured with excess

  • Any other damage to the insured property: 100 euros.

  • Urgent medical assistance for domestic accidents: 155 euros/insured party.

• Aesthetic Damage (Coverage for home and furniture): Insured sum.

Special services

• Home uninhabitable:
  • Temporary accommodation in a hotel: 10 days and 95 euros/day per person and 3,010 euros/claim.
  • Rental of a temporary home: 12 months and 12,025 euros/claim.
  • Transfer of furniture and storage in a furniture repository: One month.
  • Damage to furniture during its transfer or storage in the furniture repository: Insured sum
  • Restaurant and laundry expenses due to accidents in the kitchen of the insured home: 10 days and 95 euros/day and 950 euros/claim.
• Retrieval of documents: Insured sum
• Damage to insured goods caused by the measures taken to extinguish or contain the accident: 6,015 euros/claim.
• Extinguishing and containment expenses: 6,015 euros/claim.
• Debris removal and sludge extraction expenses: 6,015 euros/claim.

Additional guarantees

• Temporary removal of the insured goods
  • Furniture: 10% of insured amounts
  • Jewellery: 3,010 euros per claim.
• Flooding: 100%
• Damages of electrical origin: 100%
• Loss of frozen food: 305 euros/claim
• Breakage of (warranty for home and furniture)
  • Methacrylate furniture: 100% and maximum of 3,000 euros/item
  • Countertops and tables made of marble, granite, etc.: 100% and maximum of 3,000 euros/item
  • Glass-ceramic cooktops and vitrified cookware: 100% and maximum of 3,000 euros/item
• Urgent medical care for injuries in a robbery: 105 euros/person.
• Replacement of locks and keys for access doors to the house in case of theft, misappropriation or loss of keys: Insured sum
• Robbery with violence or intimidation of people in the exterior of the home
  • Clothing and personal effects: 605 euros/claim
  • Retrieval of documents: 155 euros/claim
  • Jewellery: 605 euros/claim
  • Cash: 155 euros/claim
  • Cheques (improper collection) and other means of collection or payment: 305 euros/claim
• Fraudulent use of cheques and credit cards: 605 euros/claim.

Family civil liability

• Compensation and bonds: Insured sum.

• Legal costs and legal administration: Insured sum.

Urgent support and contact with professionals (Coverage for home and furniture)

• Urgent services required as a result of a fire, explosion, flood or theft incident

  • Surveillance and protection of the home: 3 days.

  • Replacement of TV or video equipment: 15 days.

• Repairs, refurbishments and other services

  • Emergency repair (in cases not covered by other coverage) of lock, window, electricity and plumbing breakage/faults: 3 hours of labour and travel. Materials and excess labour time for which the insured party is responsible.

  • Rescue of people locked in the home due to broken locks: 605 euros.

  • Professionals to carry out refurbishment and other repairs Contact and supervision services. Expenses borne by the insured party.

• Assistance in repairs and DIY

  • Domestic electrical appliance repair service: 3 hours of labour, travel and parts. 2 services per annuity.

  • DIY service at home: 3 hours of labour and travel. Materials and excess labour time borne for 2 services per annuity.

• Family assistance

  • Family assistance due to accidents occurring on operating premises

  • Health personnel in the home: 3 months and 3,010 euros/claim.

  • Domestic staff in the home, from the tenth day of sick leave: 3 months and 20 euros/day with 1,505 euros/claim.

  • Teaching staff at home, from the thirtieth day of sick leave: 6 months and 1,205 euros/claim.

• Information service regarding animals

  Telephone consultations related to animals (legislation, veterinary consultations, dog and cat residences and general consultations): Free, available.

• Telephone medical guidance service

  Consultations or questions with doctors and specialists related to people's health: Free, available.

• IT support service

  • Remote IT support: Maximum 3 computers/policy and 3 mobile devices/policy.

  • Data recovery services: Maximum 2 services per year/policy.

  • Remote backup service: Up to 15 Gbytes/computer.

  • Antivirus and parental control: Maximum 5 installations/policy

  • Technical support at home: Maximum 3 computers/policy and 2 services per year.

• Digital protection: Maximum 6 identities or devices/policy.

Travel assistance

• Illness or accident abroad

  • Treatment expenses: 12,025 euros.

  • Extension of stay due to medical prescription: 155 euros/day and 1,505 euros maximum.

  • Transfer or repatriation: S.A. Special air means are limited to countries bordering the Mediterranean and the rest of Europe.

• Location and rescue: 1.505€

• Companion expenses (in case of hospitalisation for more than 5 days)

  • Travel out and return: 100%

  • Subsistence and accommodation in:

    • Spain: 125 euros/day and 1,205 euros maximum.

    • Abroad: 155 euros/day and 1,505 euros maximum.

• Transfer or repatriation of the insured party due to their health.

  Travel expenses of one companion in the same means of transport used for the return of the insured party. If the insured party or companion is under the age of fifteen and travelling alone, the company will provide a person to assist them in the event of return: Included.

• Escort expenses due to death of the insured party.

  Expenses of return travel, out to the place of death and back to the burial place, for the person designated by the beneficiaries as responsible for accompanying the remains of the deceased insured party: Insured sum.

• Subsistence and accommodation in Spain: 125 euros/day and 1,205 euros maximum.

• Subsistence and accommodation abroad: 155 euros/day and 1,505 euros maximum.

• Early return of the insured party.

  Return travel expenses in ordinary means of transport: Insured sum.

• Theft or loss of luggage.

  • Advice on recovery and forwarding expenses: Insured sum.

  • Acquisition of clothing and toiletries: 305 euros/person and 1,205 euros/claim.

• Sending of medication: Insured sum.

• Advance of funds abroad: 905 euros.

• Sending of urgent messages: Insured sum.

Special conditions

• Civil liability coverage for products (CP. 05): 100%.

• Property owners civil liability (CP. 15): 100%.

• Loss of fluids (CP. 59): 100%.

  Excess for damage during filling, transfer or emptying of tanks: As set out the specific terms and conditions.

• Extraordinary risks (insurance compensation consortium):

  • Material damages: 100%.

    Percentage excess with a minimum of: according to clause.

  • Personal injury: 100%.

    • Death: 100%.

    • Permanent disability or occupational disability: 100%.

Material damages

• Fire, explosion and lightning strike

  • Fire: 100%.

  • Explosion or implosion: 100%.

  • Impact by direct lightning strike: 100%.

• Extreme weather phenomena

  Extreme weather phenomena: wind, rain, hail and snow: Rain greater than 40 l/m2/h. Wind over 80 km/h. Hail and snow of any intensity.

• Electrical damage:

  Damage caused by electricity in the electrical installation, electrical appliances and their accessories:

  • Structure: 100%.

  • Contents: 100% or the set sub-limit.

• Additional risks

  • Ground vehicle collisions and impacts with objects: 100%.

  • Fall or impact of aircraft and sound waves or turbulence caused by them: 100%.

  • Vandalism or malicious acts: 100%.

  • Failures in fire extinguishing systems: 100%.

  • Riots and legal strikes: 100%.

  • Flooding: 100%

  • Electricity in the electrical installation, electrical appliances and their accessories: 100%.

• Water damage, pipeline locating and repair expenses: 100%

• Breakages

  • Windows, glass, mirrors and signs: 3,000 euros/claim 1,500 euros/individual piece in furniture

  • Sinks and fixed sanitary appliances: 3,000 euros/claim 1,500 euros/individual piece in furniture

  • Furniture, countertops and shelves made of methacrylate, marble, granite, stone or similar minerals: 3,000 euros/claim 1,500 euros/individual piece in furniture

• Robbery

  • Theft of content and ensuing damages: Sum insured of content.

  • Cash and cheques:

    • In a safe: Sum insured/claim.

    • Outside a safe or at the permanent address of the owner during the closing hours of the premises: Sum insured/claim.

    • During transport to a bank: Sum insured/claim.

  • Goods carried by the Insured, employees and customers inside the establishment: 600 euros/claim.

    • Clothing, jewellery and personal belongings: 200 euros/person.

    • Cash: 90 euros/person.

  • Damage caused to a container by theft or attempted theft: Sum insured/claim

  • Replacement of keys and locks in the event of theft or loss of keys: 600 euros/claim.

  • Special services:

    • Costs of emergency healthcare that customers may require: 200 euros/person.

    • Non-habitability of the premises, replacement of documents and other damages: Limits established for Material Damage Cover.

• Comprehensive Accident Risk Cover: Insured sum.

• Aesthetic damage to the structure. Insured sum.

• Other benefits:

  • Replacement of documents: 18,000 euros.

  • Salvage and debris and sludge removal: 10%.

  • Emergency measures: 100%.

  • Cost of transporting the insured goods: 100%.

  • Missing objects: 100%.

  • Damage to salvaged objects: 100%.

  • Fire extinction expenses: 18,000 euros.

  • Expert expenses and fees: 18,000 euros.

  • Non-habitability of the premises:

    • Rental of similar premises to the one affected: 12 months and 18,000 euros/claim.

    • Content transfer: 12 months and 18,000 euros/claim.

Operating loss

• Gross operating income (permanent expenses and net profit) or permanent expenses as agreed: 100%.

• Excess: 24 hours

Machinery breakdown

• Internal damage to machinery and electronic equipment: 100%.

• Data retrieval and reprinting: 18,000 euros.

Temporary Replacement of Equipment

• Temporary Replacement of Equipment Sum insured on consecutive days with a maximum of 3 claims per year.

Civil liability

• Compensation and bonds: Insured sum.

• Legal costs and legal administration: Maximum 6,000 euros.

Transport

• Material damage to goods in vehicles owned by the Insured: Sum insured, per vehicle and within national territory.

• Theft of goods kept in vehicles: 150 euros per claim and 300 euros per insurance annuity.

Personal accidents

• Advance for emergency expenses (Burial, General Inheritance Tax, etc.): 25% Sum Insured Maximum 6,015 euros/claim

• Compensation, remaining amount until completion of: 100%.

• Permanent disability: Insured sum.

  Compensation scale, up to: 100%.

• Total permanent disability: Insured sum.

• Absolute and permanent disability: Insured sum.

• Major disability: Insured sum.

• Temporary disability: Insured sum.

  • For the duration of the sick leave: Maximum two years.

  • During the hospitalisation period, payment with a supplement of: 100%.

• Medical expenses: unlimited.

  • Medical assistance: 100% Maximum two years.

  • Travel and subsistence: 100% Maximum two years.

  • Prosthetics and orthopaedic devices, with respect to the highest sum insured: 10% Maximum 3,010 euros.

  • Plastic surgery and transplants, with respect to the highest sum insured: 10% Maximum 3,010 euros.

  • Document management: 155 euros.

Assistance

• Selecting and engagement with professionals:

  • Sending professionals in the event of a claim: 100%.

  • Extraordinary expenses due to a claim:

  • Replacement of TV or Video (15 days): 100%.

  • Surveillance of the insured risk (3 days): 100%.

  • Renovation and repair works in the insured premises: Engagement with professionals €300 labour per claim.

  • Safety advice: Engagement with professionals €300 labour per claim.

  • Emergency locksmithing: Engagement with professionals €300 labour per claim.

Legal defence

• Legal costs, laywer's fees and related expenses: 3,010 euros.

• Legal hotline service: Free availability.

Special conditions

• Users of rented premises:

  • Landlord's furniture: 3,010 euros/claim

  • Damages to third parties: Sum insured for Public Liability

• Product liability cover (cp-05): 100%

• Additional public liability coverage for hospitality establishments (cp-09):

  • Vehicle damage: 60,105 euros.

  • Excesses: 150 euros.

• Property owner civil liability coverage (cp-15): 100%

• Daily compensation (cp-19): 100%

  As a result of a claim covered by the material damage coverage: Sum insured, maximum three months, two-day grace period

• Damage to goods contained in cold stores (cp-55): 100%

Extraordinary risks

• Material damages: Percentage excess with a minimum of: According to clause.

• Personal injury:

  • Death: Sums and limits insured for each cover.

  • Permanent disability and occupational disability: Sums and limits insured for each cover.

Policyholder

Multiple-risk insurance for companies is only available for Bankinter customers who are companies or self-employed workers.

Economic terms and conditions

Annual renewable insurance with the option of paying in six-monthly or quarterly instalments.

Territorial scope

Risks located in Spain.

Types of companies that can be insured through the product

For information purposes only, the following companies can be insured through these products:

• Multiple-Risk Corporate Insurance

  Bankinter's multiple-risk corporate insurance is targeted at self-employed workers, SMEs and companies that specialise in manufacturing, workshops or warehousing.

  Scope and maximum amounts

  • Up to approximately €20,000,00 of sum insured, subject to the insurance company's underwriting rules and for the following sectors:
    • Service activities
    • Hotel establishments
    • Teaching centres
    • Town councils
  • Up to approximately €8,000,000 of the sum insured, subject to the insurance company's underwriting rules and for the following sectors:
    • Factories
    • Warehouses (except those associated with retail)
    • Workshops
    • Food companies
    • Automotive sector
    • Solar power plants
• Multiple-risk insurance for shops and offices

  Bankinter's multiple-risk insurance for shops and offices is targeted at self-employed professionals and SMEs that sell goods or services to the end consumer.

  Scope and maximum amounts

  • Sales- shops, pharmacies, offices and business premises

    There is no capital limit per policy for these sectors, although there is a general scope per risk of up to approximately €20,000,000 subject to the Insurance Company's underwriting rules.

  • Self-employed entrepreneurs

    Targeted at the group of self-employed workers who manage service businesses, which may include inherent processes such as warehousing, transportation or repairs.

    Insurance can be taken out in this sector without including the “structural ” or “ contents” cover. If this option is chosen, the risks of public liability, personal accidents, legal defence and technological support must be underwritten.

• Multiple-risk agricultural insurance

  Targeted at SMEs that specialise in agricultural or livestock activities to produce and sell the resulting goods with the aim of generating revenue. This includes:

  Agricultural activity Sowing, growing, harvesting and first sale of produce that has not been industrially transformed. Livestock activity Raising and fattening of livestock, poultry and other animals, as well as the first sale of the produce that has not been industrially transformed. In any of these areas of activity, home insurance may be included. In that case, and depending on the location of the home, the following criteria must be met:
  • The home must be located on the agricultural or livestock farm

    It must be on the same premises as the insured farm (in the case of several risks, on at least one of them).

  • Outside the insured farm(s)

    This will only be allowed in the case of mixed buildings, in other words, a building in which part of it is used as the insured's private and personal home, and another part of it is used to store goods, stock and machinery for the activity undertaken.

    To insure homes located on rural farms not intended for agricultural business, home insurance must be taken out.

Which assets are insurable?

• Structure

  The combination of real estate and its attachments, fixed installations of water and gas, of electric and solar energy or similar, of telecommunications, of protections against fire and theft, and of heating and cooling or air conditioning, fixed antennas of television or radio, as well as the devices or elements necessary for the operation of all said facilities, like boilers, heaters, accumulators, radiators or others with similar characteristics and functions (except those destined to the development of the insured activity itself), underground works and foundations, as well as any service or recreation facility that exists within the premises of the insured concern that is property of the Insured, or of the lessor in the event that what is insured is damages to rented property (meaning the tenant insures the premises on behalf of someone else).

  In the case of jointly owned property, the proportional part that corresponds to the insured is included, according to their percentage of joint ownership, in the common parts of the building in which the insured establishment is located. However, the effect of this coverage is subject to whether, once damage covered by this contract has occurred, the owners' association's governing bodies formally agree to an extraordinary fee to cover repair costs and issue the corresponding nominal receipts for this purpose.

  Fixed elements of decoration are considered an integral part of the premises, such as dropped ceilings, glass, placards, awnings, carpets, lining, wood and wallpapers attached to floors, walls or ceilings, as well as sports facilities and distribution, perimeter or containment walls and fences that are contained in or delimit the insured premises.

• Content

  Comprising, for the purposes of the contract, property present in the insured establishment and described in the Special Terms and Conditions of the policy, as indicated below:

  • Machinery and furniture

    All movable property, machinery (including those for the collection, production and transformation of electrical energy), electronic equipment, motors, tools, spare parts, lighting and cooling or heating apparatus used to carry out the insured activity and owned by the Insured.

    Machinery and Furniture shall also include office material, machinery and furniture, commercial furniture, patterns, moulds, models and matrices, vision and sound apparatus and, in general, any mobile installations and fixtures that do not qualify as building content but are present on the premises of the insured establishment due to the activity performed there and are the property of the Insured, subject to the exceptions set out in the General Terms and Conditions.

  • Goods and stock

    Any and all raw materials or auxiliary assets, goods in process and finished products that are found on the premises of the insured establishment by reason of its activity and are the property of the Insured, subject to the exceptions set out in the General Terms and Conditions.

    Building CONTENT shall also include PROPERTY OWNED BY THIRD PARTIES that is in the possession of the Insured and is located on the premises of the establishment, provided that the following conditions are met simultaneously:

    • They are related to the activity that is the subject of the insurance.
    • The value of said property must be included in the insured sum for building content and it must not be of a class or nature specifically excluded by virtue of any other term or condition of the contract.
    • The Insured must be civilly liable for the damage and loss suffered. If the Insured was not responsible for the damage caused, this coverage will supplement, or take effect in the absence of, other insurance policies that specifically cover such property.

The following items will likewise qualify as building content, though only for the Fire, Lightning and Explosion, Atmospheric Phenomena, Electrical Damage, Supplementary Risks and Water Damage coverages:

1. ASSETS OWNED BY EMPLOYEES of the Insured, such as tools, clothes and objects of normal use, which are not of a kind or nature specifically excluded under any other term or condition of this policy, and that such property is on the premises of the insured establishment.
2. TEMPORARILY DISPLACED ASSETS which, being the property of the Insured and covered by the contract, are moved from the insured establishment to any other place in Spanish territory for their repair, maintenance, storage or display, except vehicles, unless they are related to the main activity covered by the insurance. The Company shall not be liable for any damage to the insured goods caused by the handling, loading, unloading and transport of the same.

   The Company's liability shall in no case exceed 60,000 euros per claim, nor shall it extend for a period of more than 60 days from the date on which the assets or items leave the insured premises.

   However, the policy will not cover items insured under another insurance contract, items expressly excluded from this contract and items moved from the insured premises for their normal storage or for sale, distribution or direct delivery, manufacture in any of its phases, modification, extension, conditioning or improvement.

3. PROPERTY EXPOSED TO THE ELEMENTS, whether belonging to the Insured or, as the case may be and under the conditions set out above, belonging to third parties, which are kept outdoors but on the premises of the insured establishment, provided that said property is located no more than 150 metres from the buildings of that establishment and is not expressly excluded by any other term or condition of this contract.

   In any case, property that is insured under any other insurance contract is not covered.

4. CASH, including cheques, stamps, postage stamps and stamp-impressed bills and drafts, up to a total of 900 euros.
5. Ornamental plants located inside buildings or that constitute stock that is the object of the Insured's activity.
6. Trees, shrubs, plants, lawns and gardens located outside the building, though within the premises of the Insured establishment and owned by the Insured, are only covered against the risks of Fire, Lightning and Explosion up to a limit of 3% of the Sum Insured for Building Content.
7. Motor vehicles for commercial, agricultural or industrial use that are located within the insured establishment and provided that the following terms and conditions are simultaneously met:
   • They are used to carry on the insured activity or for purposes of sale, repair, maintenance or storage.
   • Their value must be included in the sum insured for building content and they must not of a kind or nature specifically excluded by virtue of any other term or condition of the contract.

   This cover shall supplement, or cover damage in the absence of, other insurance policies specifically covering the same goods.

What is specifically covered by the multi-risk agriculture insurance?

• Livestock

  Provided it is expressly stated in the particular conditions, livestock will be guaranteed. Livestock is understood here as the set of live animals kept for exploitation and that are inside the facilities or buildings of the exploitation, or outdoors in farms, conveniently fenced, and belong to the insured, and as long as they are duly identified in the policy with their corresponding REGA code (General Register of livestock farms). In the case of hives, both the swarm and the box will be considered within the insured sum.

• Livestock owned by third parties

  As long as it is in the custody of the insured and is within the premises of the concern.

• Temporarily displaced cattle

  That which, being the property of the insured and covered by this contract, is transferred from the insured concern to any other place within Spanish territory for entertainment or exhibition.

• Straw or dried fodder

  Provided that it is expressly stated in the particular conditions, the straw or dry fodder will be guaranteed when it is conveniently packed and stacked and stored in haystacks, or inside warehouses for its exclusive use as straw, or in mixed-use warehouses. More precisely, these are:

  • Haystack

    Straw or dry fodder packed and stacked and located outdoors, in no container and on the ground, with a grass-free strip of at least 10 meters wide all around it.

  • Warehouse used exclusively to store straw and dry fodder.

    Any building (open or closed) whose intended use is exclusively the storage of straw and dry fodder.

  • Mixed-use warehouses
  • Buildings that belong to agricultural or livestock farms and store straw and / or dry fodder together with livestock and / or any other type of inventory or machinery.
• Irrigation equipment

  Provided it is expressly stated in the particular conditions, irrigation equipment will be covered, within the limitations prescribed in the contract. By irrigation equipment we mean:

  • Pivots, motor pumps and irrigation pumps.
  • And the following accessory items: Electrical control panels, distribution and maneuvering panels, timers, as well as electrical lines and transformers, as long as they provide service to this equipment.

For the purpose of theft coverage, what is considered fully protective gear?

The insured establishment must be equipped with protective gear against theft in accesses or light recesses, consisting of bars, gates, metal closures or security glass, and with the following characteristics:

• It protects doors, shop windows, windows and other access spaces, so that its destruction is necessary to gain access to the interior of the premises.
• It protects the insured concern during all closing hours.
• In the case of bars or gates, they are made of steel or solid iron solidly joined together and are fixed to the walls by means of anchors of the same material embedded and secured with concrete.
• Metal closures that hinge open or provide access indoors have padlocks and / or security locks.
• In the case of safety glass, the glass is laminated and composed of three sheets of glass each 6 mm thick, separated by sheets of plastic material, or any other composition of similar strength and efficacy accredited by corresponding tests.

What is the proportional rule?

The proportional rule is the formula that is applied to calculate the compensation in the event of a partial loss, when the insured sum is less than the real value of the insured object; that is, when what we call underinsurance occurs.

This rule applies when a loss has occurred, and the insurer perceives that the value of the insured assets exceed that which is reflected in the policy.

What is the civil liability coverage?

Provided that it has been expressly stated in the particular conditions, the company must cover, up to the limit of the insured sum agreed in said particular conditions per claim and annuity, the payment of the indemnities for which the insured is civilly liable, in accordance with the law, for bodily or material damages and for the damages that may arise from them, caused to third parties, as well as the legal costs and expenses that may be enjoined, as long as such responsibilities derive from the assumptions provided in this contract and are the consequence of acts or omissions, of a negligent nature, that could be attributable to the insured, in relation to the activity that is the subject of the insurance and in accordance with the guarantees contracted.

What is the civil liability coverage for work related accidents?

This guarantee covers civil liabilities claimed against the insured derived from accidents suffered by employees while carrying out their work, in accordance with applicable regulations and subject to the limits and stipulations contained in this policy.

What is the operating loss guarantee?

Provided this coverage has been expressly stated in the particular conditions of the policy, including its concepts and its guaranteed sum, the company must pay the corresponding compensation up to the capital limit agreed to in the particular conditions of the policy.

The coverage will be applicable whenever there is a temporary (total or partial) interruption of the activity of the insured establishment as a result of direct material damage suffered by the insured property in the situations described in said particular conditions and derived from the material damage coverage defined in this contract, and provided that said damages are covered and compensated by the company.

The company will compensate the real loss suffered by the insured during the compensation period established in the particular conditions in terms of gross margin or permanent expenses, whatever has been agreed, and that is due to:

• Reduction in turnover and/or
• Increase in operating expenses.

What does the Legal Assistance guarantee consist of?

Provided that its inclusion is expressly stated in the particular conditions, the legal defense coverage guarantees up to the limit agreed for it in the particular conditions, and includes the payment of the expenses that the insured may incur as a result of their taking part in a judicial, administrative or arbitration procedure, of the expenses expressly provided for in this article, or the expenses incurred in the provision of the necessary judicial and extrajudicial legal assistance services in these same cases, and derived from the ownership of the insured establishment.

The costs of legal defense object of this coverage will include the fees of a lawyer and solicitor (when the latter is mandatory), freely designated by the insured, and any other expense directly related to the object of the procedure and that is presented as appropriate and necessary to provide a better legal management, such as notarial actions, expert opinions and the like.

Likewise, the legal costs of the opposing party will be borne by the company, when they are expressly imposed on the insured by sentence.

• Who is considered“ a third party” for the purposes of civil liability?

  Any natural or legal person other than:

  • The policyholder, insured party or party that caused the claim.
  • The spouses, ancestors or descendants of the persons listed in section a) above.
  • Family members of the persons listed in point one and who live with them.
  • The partners, managers, employees (including contractors and subcontractors) and people who, in fact, or by law, depend on the people listed in the first point, while they act within the scope of said dependency.
• What is the Bricomercio assistance guarantee?

  This is a guarantee available only in the multi-risk insurance for businesses and offices. Provided that this cover is expressly included under the special terms and conditions, the company will meet the travel expenses, the first two hours of labour and the cost of materials up to an amount of 50 euros, for one non-urgent DIY service at the insured establishment, though only where these expenses do not fall under other types of cover. The Insured shall meet the cost of the materials used and of any additional hours worked.

  In no case can the assistance be replaced by the payment of a compensation or the reimbursement of expenses to the insured.

  The assistance is valid, solely and exclusively, for the following purposes:

  • Sealing deteriorated joints in toilets or bathrooms.
  • Replacing taps or valves as well as installing them due to breakage or failure when there is a water inlet.
  • Replacing flush mechanisms due to breakage or failure.
  • Replacing damaged plugs or light switches, without changing their location.
  • Setting up, connecting and configuring the following vision and / or sound equipment due to accidental events: DTTV, DVD, digital camera, home cinema, digital video, computers, TV and game consoles.
  • Door and latch adjustments including locks.

  On window blinds: Replacement of drive belts and / or replacement of slats, pulleys, tie rods, dowels and axle supports provided that no masonry or painting work is required and that they are damaged.

  The company guarantees a connection with appropriate professionals to carry out the work included in this service within a maximum period of 48 hours from its request by the policyholder or by the insured, on business days, both parties agreeing an appointment for its execution, anytime from Monday to Friday, except holidays, from 9:00 a.m. to 7:00 p.m.

  This assistance includes:

  • Assistance will be limited to a maximum of 2 interventions per insured location and insurance annuity. Intervention is understood as the professional's journey to the insured premises, even if they do not make any repairs, whether because these are unfeasible or because they are not covered by the policy.
  • Each intervention will include travel expenses and the first 2 hours of labour.
  • The cost of materials covered is limited to € 50 per intervention.
  • The assistance will take effect solely and exclusively in the premises that appear in the particular conditions of the policy signed by the policyholder.

  The assistance does not include:

  • Assistance that requires masonry and / or painting work.
  • Scaffolding or work at a height above 5 meters.
  • Work requiring administrative permits and / or licenses.
  • Cost of materials purchased by the insured without express acceptance by the company.