Mortgage insurance

The Insurer shall not indemnify for loss (destruction) or damage to the Property caused by: direct and/or indirect impact of nuclear energy in any form;. direct and/or indirect exposure to ionizing radiation; effects of radioactive, toxic, explosive or other dangerous or polluting properties of any nuclear reactor or other nuclear units or their nuclear components; military, mobilization, anti-terrorist operations, hostilities, events or actions of any kind (regardless of declaration of war), emergency, martial law or other special situation that provides for such a regime of activity that temporarily allows restrictions on the exercise of constitutional rights and freedoms. New buildings and structures are defined as buildings and structures that were put into operation after construction less than two years before the detection of damage due to subsidence and other ground movement; damage caused by water vapor, condensation, rotted-out soil, etc.; loss or damage to movable property stored and operated in the open air, contrary to the standards of preservation and operation; falling of a building or structure that was in an emergency condition or partially dismantled; errors made during design and/or construction; falling of objects, structures and other elements of buildings (structures) that were built without permission of the competent authorities; humidity in the room (fungus, mold); defects and shortcomings of the insured property that were known to the Insured before the insured event occurred but not reported to the Insurer. Insured events shall not include and insurance indemnity shall not be paid for losses resulting from intentional actions/inactions or gross negligence of the Insured (Beneficiary, person entitled to receive indemnity) and/or his/her representatives/employees, authorized persons (workers, employees, persons in civil law relations, etc.) non-compliance by the Insured (Beneficiary, their representatives/employees) with instructions for storage, operation, conditions of technological processes, safety and maintenance of the insured property, as well as use of this property for purposes other than those for which it is intended by the manufacturer and/or operating standards; unauthorized re-equipment (not agreed with the service provider) and/or violation of the rules for installation and operation of power grids, heating networks, gas equipment, water supply and sewage systems; violation of fire and security safety conditions, other established rules for use and preservation of property, conditions of technological processes, safety precautions, which resulted in loss, damage or loss of the Insured Property; damage or destruction of objects fixed on the outside of buildings and structures, such as masts, antennas, air conditioners, open electric wires, advertising means, poster boards, protective visors or shop window awnings, etc., unless such property is expressly specified in the Contract; breakdown of air heating/cooling systems or interruption of gas, water or electricity supply, unless such systems failed as a result of an Insured Event; failure of the Insured or his/her employees to comply with instructions of a veterinary specialist on preventive measures to combat contagious diseases, order to slaughter a sick animal, etc. Failure to comply with the order of a veterinary specialist shall be determined on the basis of the conclusions of such specialist. Losses are not subject to compensation: from sudden activation of fire extinguishing system resulting from repair or reconstruction of insured buildings/structures/ premises; installation, dismantling, repair or change of design of fire extinguishing systems; construction defects or defects of fire extinguishing systems themselves which were known or should have been known before the insured event; caused to pavement of roads and sidewalks (subsidence, cracking or swelling); related to the insured event (fines, penalties, other penalties, lost profits, loss of profit, losses due to inflation, changes in exchange rates, downtime, banking costs, damage to the environment, life, health, property of third parties, moral damage, etc;) death of the Animal caused by a disease against which the animal has not been vaccinated; caused by disease or death of the Animal due to non-compliance by the Insured with the terms of vaccination/inoculation of the Animal.

The grounds for Insurer’s refusal to pay insurance indemnity shall be: intentional actions of the Insured or the person in whose favor the Insurance contract is concluded, aimed at occurrence of the insured event, except for actions performed in a state of emergency or necessary defense, or cases determined by law or international customs; commission of an intentional criminal offense by the Insured or the person in whose favor the Insurance contract is concluded, which led to occurrence of the insured event; submission by the Insured of false information about the Insured’s If loss is partially indemnified, insurance payment shall be made after deduction of the amount received from the said person as compensation for loss; late notification by the Insured (person specified in the Insurance contract or legislation) of occurrence of the insured event without valid reasons or failure to fulfill other obligations specified in the Insurance contract or legislation, if this resulted in inability of the Insurer to establish the fact, causes and circumstances of occurrence of the insured event or amount of damage (loss); presence of