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Material Damage

 

MATERIAL DAMAGE INSURANCE COVERS CURRENTLY OFFERED BY THE CZECH NUCLEAR INSURANCE POOL

 

a) Property damage insurance of nuclear installations from basic scope of insurance cover i.e. FLEXA (Fire, Lightning, Explosion, Aircraft) to All Risk insurance covers, with additional insurance of nuclear damages i.e. damages caused by:

• extremely high temperatures of uncontrolled nuclear reaction and/or
• radioactive contamination or activation

This insurance cover could be extended to cover business interruption risk caused by the property damage insured.

 

b) Engineering Insurances as follows:

• Electronic Equipment Insurance (EEI)
• Machinery Breakdown Insurance (MB)
• Contractors All Risk Insurance /Erection All Risk Insurance (CAR/EAR)

 

c) Cargo Insurance of Nuclear Material

• It deals with insurance of nuclear material in transit (fresh nuclear fuel, semi-finished products, substrates, emitters, equipment etc.) Scope of Insurance can vary depending on the nature of transported material from very basic coverage to all risk coverage.

 

d) Property damage insurance for suppliers of nuclear installation operators (especially decontamination costs)