Kindlustusväärtus
Kindlustusväärtus, often translated as insurable value, refers to the maximum amount an insurance company will pay for a loss under an insurance policy. It is the economic value of the insured property or interest that is exposed to risk. This value is determined at the time of the policy's inception or renewal and serves as the basis for calculating premiums and the potential payout in the event of a claim.
There are several ways to determine kindlustusväärtus depending on the type of asset being insured. For tangible
It is crucial for policyholders to understand the kindlustusväärtus of their insured items. An understated value