the risk of loss that may arise in connection use of the insured property due to flooding.
Flood insurance is a loss insurance product that protects the insured from the risk of loss that may arise in connection with the ownership and use of the insured property due to flooding. Floods are one of the most frequent natural disasters in Indonesia. Floods can cause enormous losses, both material and non-material. Therefore, having flood insurance is important to protect yourself from the risk of loss due to flooding.
Flood insurance can provide protection against losses due to flooding, such as:
• Damage to buildings due to flooding
• Damage to building contents due to flooding
• Losses due to loss of property due to flooding
• Repair and clean-up costs resulting from flooding
Flood insurance can be purchased individually or through an insurance company. When choosing flood insurance, there are several things you need to pay attention to, namely:
• Type of insurance, namely basic flood insurance or flood insurance with extensions.
• Expansion of guarantees, namely additional gu
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