Allianz My Company Insurance

Small and medium business insurance protection

Why choose My Company?

Completely new approach to risk assessment
4 intuitive and easy-to-choose packages
Fast, transparent and convenient sales process and trouble-free insurance

4 easy-to-choose packages

We offer customized solutions for small and medium businesses

	Comfort	Plus	Extra	Max

Fire, Lightning, Explosion, Implosion, Aircraft Impact Covers damages directly caused by Fire, Lightning, Explosion, Implosion, falling of foreign objects on the Insured Property, aircraft impact and impact from a road vehicle. Covers damages from Short Circuit and Electric Shock in Building Elements, Household Electrical Appliances or other appliances, if not used for the purposes of the Company's activity.

Natural Catastrophies Covers damages directly caused by Storm, Hail, falling trees, branches and other external objects due to Storm or Hail, Heavy rain and heavy snowfall, Flood, Landslide or collapse of earth layers, heavy snow weight, Freezing, Avalanches.

Business Interuption Covers fixed costs for the activity of the Insured Company and the Loss of profit from interruption of the activity, which occurred as a result of an insurance event.

Liability, incl. product liability (basic) The Civil Liability of the Insured Company to third parties is covered, as well as the Liability of the product.

Insured expenses Covers costs from an insurance event covered by the Insurance for removal of ruins and remains, limitation of the Damages, protection and storage of the Insured property and expenses related to Fire protection.

Assistance (basic) Assistance is provided in case of urgent need for a specialist, in order to prevent further damage or deterioration of working conditions.

Pipeline leakage Covers Damage directly caused by Leakage of water from Pipes, rise of water in sewer Pipes, and Damage from water and other liquids from technological installations.

Glass Covers damages caused by glass breakage or similar materials used for the same purpose (polycarbonate, Plexiglas) and damages to the glass / materials themselves.

Theft and robbery Covers damages resulting from Theft and Robbery related to the Immovable and / or Movable Property.

Malicious actions of third parties, incl. vandalism Covers damages directly caused by Malicious actions of third parties, incl. vandalism - any intentionally caused Damages or destruction of the Insured Property by third parties.

Failure of machinery and electronic equipment Covers damages caused by unexpected damage during operation, incorrect machine settings, Overpressure, Short circuit and Electric shock of machines, equipment, incl. Electronic equipment that is used or required for the Company's business.

Liability, incl. product liability (extended) Covers damages caused to third parties (property and non-property), which the Insured Company is obliged to compensate, which Damages have occurred as a result of spillage, leakage or release of smoke, fumes, acids, gases, waste or other infectious, contaminating and pollutants in air, soil and water.

Assistance (extended) Covers Data recovery service in case of data loss due to electronic damage to company devices.

Earthquake (optional for all packages) Covers damages to the Insured Property caused by an Earthquake.

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Information document

My Company Benefit Guide Pre-contractual information

Frequently Asked Questions (FAQs)

Which companies can insure their property with My Company insurance?

Companies that can insure their property with "My Company" insurance must meet the following three criteria:

to be legal entities that are:

traders within the meaning of the Commercial law
or
persons carrying out economic activity as local legal entities, who are not traders
or
civil companies under the CPA
or
foreign legal entities that carry out economic activity on the territory of Bulgaria

i.e. not only companies in the field of production or services, but also e.g. lawyers, accounting firms, NGOs, associations;
have up to 10 employees;
have revenues from the activity (not turnover) - up to BGN 3 million

Are there any requirements regarding the property that these companies can insure with My Company insurance?

Yes! My company insurance can be concluded:

only for Movable Property or for Movable Property and Real Estate;

if the total sum insured of the Real Estate and the Movable Property to be insured is not higher than BGN 3 000 000 and the sum insured of the Movable Property is not higher than BGN 2 000 000;
if the real estate and movables that are insured are related to the activity of the company, are located at the address of the insured property and this activity is not from the following branches:
Agriculture, forestry and fisheries;
Mining industry;
Production and distribution of electricity and heat and gaseous fuels;
Water supply; Sewerage, waste management and remediation services;
Transport and storage;
Activities of households as employers; Undifferentiated goods- and services-producing activities of households for own use;
Activities of extraterritorial organizations and services.

According to the terms of insurance, does my company have risks for which compulsory deductible applies?

Yes! For the risk "Accident of machinery and electronic equipment" and the risk "Earthquake" a mandatory deductible is applied, which cannot be renegotiated and is in the following amounts:

"Accident of machinery and electronic equipment" - 10% of the due compensation, but not less than BGN 200;
"Earthquake" - 1% of the sum insured of the Insured Property.

Does the risk of "Fire, Lightning strike, Explosion, Implosion, Aircraft impact" include coverage for "Short circuit and electric shock"?

Yes! This risk covers damages from short circuit and electric shock, but only when these damages are: of the building elements of the insured real estate (e.g. of the electrical installation) and of household electrical appliances or other appliances that are not used for the purposes of carrying out the activity of the company.

Example: This risk will cover short circuit damage to a refrigerator and / or coffee machine intended for use by employees of a confectionery company and will not cover short circuit damage to all machines used in the production activity. - e.g. injection molding machines, mixers, mills, packaging, sorting machines, cold rooms, etc. similar, used for the purposes of the company's activities.

Can I take / add risks from / to the risks included in each package when concluding My Company insurance?

No! The risks included in each insurance package are not subject to any change. Only the Earthquake risk can be added to each of the packages.

How to make your car insurance cheaper

Tips for protecting your property

Tips against fire

Follow the standard rules for a clean and safe building, the operating instructions for electrical appliances and do not use them unprofessionally.
Buy fire extinguishers and install smoke and fire detectors to notify you in a timely manner of the occurrence of a fire and the spread of smoke.
Familiarize yourself with the evacuation plan, the emergency exit routes of the building, the outdoor collection points and the locations of the fire extinguishers.

Tips for storms, floods and torrential rain

Follow the weather forecast for upcoming hail, storms or torrential rains.
The best protection against storms is to keep the roof in good technical condition.

Anti-theft tips

Make sure that all windows, balconies, balcony doors or terraces are closed and the front door is locked. Keep ladders away.
Install a modern alarm system.