OREANDA-NEWS. December 08, 2009. ROSNO’s Ural Directorate has concluded a comprehensive mortgage insurance contract that includes property insurance, borrowing entity’s, life and working capacity insurance, as well as title insurance. The contract is concluded for 10 years. The total insurance amount under the contract is 9 260 854 roubles, reported the press-centre of ROSNO.

The property risks against which a 7-room flat of 222 sq. m. area in total was insured include fire, flood, gas explosion; unlawful destruction or damage by third parties actions; aircraft or its parts impact; as well as collision with transport vehicles.

The risks covered by the title insurance contract include loss of title to property for reasons beyond the property owner’s control (invalidation of the real estate transaction, as well as its cancellation as a result of infringement of third parties’ rights).

The borrowing entity’s life and working capacity insurance contract covers the risks of the insured person’s death as a result of an accident or a disease; loss of working capacity with assessment of the degree of insured person’s disability in relation to group 1 or 2.