Coverageagainst damages as result of external causes such as: vandalism, theft, fire, hail damage, lightningstrike, overvoltage, wind and storm, etc, exceptnaturaldisaster (optional)
Replacement and repaircosts (material, labour and transport)
Additionalcoverssuch as: sue and labour costs, debrisremovalcosts, costs of overtime and express shipments, searchcosts, recyclingcosts
2. Business interruption (= loss of production)
Daily rate of compensation per kilowatt-peakcapacityinstalled
After 4 or 7 days down time (waitingdays)
Maximum period of 26 or 52 consecutiveweeks (indemnityperiod)
3. Optional: cover of “Natural Disasters”
Covers risks such as:
Flood, tsunami, avalanche and mud-slide
Hailstorm, sleet and snowstorm
Earthquake, volcanic eruption and meteorite
Typhoon, hurricane and tornado
Premium rate depends on exact GPS-coordinates
4. Optional: cover of “Inherent defect / warranty” * ---->
Only in combination with Solar PV Insurance
Only available after a positive factory audit
For modules and inverters
Underwritten by HDI-Gerling, an A-rated German insurance company
* Detail of "Inherent defect/ warranty" insurance
Backs up the manufacturer’swarranty in case of inherentdefect
Yearlyextended, for panels up to max. 20 years, inverters up to max. 7.5 years
Maximum prepayment of the premium: 5 years
Project based
Clients and/or the manufacturer pay the premium per project
Decrease the costs of debt finance and the price of maintenance
AvailablegloballyexceptIndia
Bankableworldwideexceptsome countries
Underwritten by HDI-Gerling, an A-rated (S&P) Germaninsurancecompany