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Qarant Sigorta launches new insurance product

05 May 2009 14:35 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Insurance Company Qarant SÄ±gorta has launched a real estate insurance program called Qarant Ev.

Real estate owners can get their real estate insurance certificate for only AZN150. This certificate means that your home is insured for AZN100.000 against fire and explosion and your liability in front of a third person will be the insured sum at the level of AZN10.000.

â€œBefore preparing this product, we came to a conclusion that consumers prefer to have a comfortable and operative insurance for their living mansions against fire and explosion at the basis of polls and marketing research conducted by our specialists. We offer this type of product for them. I do believe that this product as a kind of innovation in the insurance market of Azerbaijan will resound with quite a significant echo in the short period of timeâ€, - said Mr.Vaghif Hasanov, the Chairman of the Board of Director of Qarant SÄ±gorta.

One of advantages brought by Qarant Ev Real Estate Insurance Program is the maximum simple and operative insurance procedure. The insurance is done even without going to the flat of a client.

Qarant SÄ±gorta was registered on 27 November 2007 and launched operation from the beginning of 2008. The Companyâ€™s fixed capital is AZN 4 million.