Owner of the insured object
SIA Citadele Factoring (unified registration No. 50003760921) or
SIA Citadele Leasing (unified registration No. 40003423085)
Insured sum
Market value of the insured object (leasing object).
Duration of the insurance agreement
Duration of the leasing agreement
Approved insurers
- AAS Balta
- AAS BTA Baltic Insurance Company
- AAS Baltijas Apdrošināšanas Nams
- ERGO Insurance SE Latvian Branch
- IF P&C Insurance AS Latvian Branch
- ADB Gjensidige Latvian Branch
- Compensa Vienna Insurance Group ADB Latvian Branch
or another company on which an individual agreement has been reached with SIA Citadele Factoring or SIA Citadele Leasing
Insured risks
Damage, destruction, fire, natural disasters, lightning strike, unlawful actions of third persons (theft, robbery, entry (intrusion)), road traffic accidents – if the object participates in road traffic.
Excess
The excess of the insured person or the insurance policy holder shall not, in the case of the theft/robbery and destruction of the leasing object, exceed 15% of the market value of the leasing object, but in cases of damage it shall be determined in an amount which does not exceed the following minimum excess values.
Passenger car (up to 3.5 t)
Market value |
Max. permitted excess |
Up to EUR 30,000 |
EUR 300 |
Over EUR 30,000 |
EUR 700 |
Commercial passenger cars, tractors, trailers, semi-trailers, objects of industrial and other leasing
Market value |
Max. permitted excess |
Up to EUR 30,000 |
EUR 500 |
Over EUR 30,000 |
EUR 1000 |
Over EUR 100,000 |
EUR 2000 |
If the insurance territory includes CIS countries, the excess for theft and robbery risks may be applied in double the amount.