EXPERIENCE OF INSURERS IN TAKING PREVENTIVE MEASURES

This paper deals with forms of mutual cooperation, liabilities and interests of the Insured and Insurer relating to the investment into the prevention measures, to improve protection of the insured property, decrease probability of insured risk occurrence (fire, breakage, burglary …) and mitigate the possible adverse effects thereof. Within the scope of insurance coverage and depending on the condition of the insured object, equipment and stock, the Insured and Insurer agree on the necessary investments for the purpose of increasing safety. To that extent, depending on the amount of required investments and agreed insurance premium, the agreement is made regarding type of prevention, implementation dynamics and mutual relations of the parties in the investments.

Key words: prevention, risk, premium, insured, insurer, protection, fire, breakage.