Home Insurance and Household Belongings

• The policy does not cover items not stated in the contract, items whose value or ownership cannot be proven, loose carpets, buildings used for trade or production, above-ground pools, mobile homes, trailers and vehicles. Household belongings exclude jewellery above the set limits, cash, payment documents, vehicles, animals, works of art and commercial goods. Also excluded are items with wear exceeding 60%, items intended for demolition or major repair, items located in officially declared calamity zones, as well as flooding, landslides, wear, rust, mould and design defects. For earthquake, a minimum unconditional deductible equivalent in lei to USD 200 applies; for other risks, the deductible stated in the policy applies. If the home is unoccupied for more than 30 consecutive days without General Asigurări's prior consent, coverage is limited to the risks permitted under the contract.

• For real estate or goods used for commercial purposes — production buildings, equipment, goods for sale — General Asigurări has a separate property insurance product (fire and calamities, class 8), with its own terms; contact specialists for details.

• Cover is valid only for the sections, property, risks, sums insured, liability limits, deductibles and period stated in the contract/policy.
• Non-payment of the premium/installment, false statements, failure to comply with obligations, moving the property without notice or late notification may lead to suspension/termination of cover or refusal of compensation.

Household contents are covered only if they are located within the insured dwelling/perimeter specified in the insurance documents.

• When taking out the policy, fully and correctly declare the property, its value, the insurance location, the requested sections, the existence of other insurance and all essential risk circumstances; answer the insurer’s questions.
• Allow verification/inspection of the property and submit the inventory, title deeds, valuation documents and any other requested information.
• Keep the property in good condition, comply with legal safety and fire-prevention rules and do not increase the risk without informing the insurer.
• In the event of a loss, take measures to save the property and limit the damage, immediately notify the insurer (phone/fax, then in writing) and the competent authorities within the contractual time limits.
• Keep the damaged property until inspection, allow the loss assessment, submit documents from the police/fire/emergency/weather services and preserve the insurer’s right of recourse against liable persons.

The premium is calculated separately for each section chosen and depends on the sum insured for the home and household belongings, the additional risks included, the condition and age of the home, and the liability limit towards third parties. Request a quote — General Asigurări specialists will calculate the exact price for your situation.

• The contract is generally concluded for 12 months; the exact period is shown in the insurance policy.
• Cover starts at 00:00 on the day after the premium is paid in cash or the day after the premium is credited to the insurer’s account; on renewal, the rules provided by the conditions apply.
• Cover ends at 24:00 on the last day of the insurance period, by agreement of the parties, or earlier in the cases provided for: non-payment of the premium, relocation of the property without notice, death/liquidation of the parties or other legal/contractual cases.

The contract may be terminated/rescinded before expiry by written notice sent to the other party 30 calendar days before the termination date. If termination is initiated by the insured, the insurer refunds the premium for the complete remaining months until contract expiry, less the actual administration expenses, in accordance with the contractual conditions.