A fair market value of Insured property established as of the date of signature of an agreement and on the basis of documents that confirm the value of such property. The documents are as follows:

• SPA’s, other documents, warrant, invoice, cheques, receipts and other payment documents;
• customs documents;
• expertise reports, catalogues, reference books, programs on property value assessment by an analogue method.

Sudden occurrence of fire spreading out of borders of places specially intended for burning and keeping fire, except an arson, including fire-induced fumigation, soot and corrosive gas emission as well as affect on the Insured property by combustion products (smoke, soot, carbon black) independent of the place of fire occurrence, as well as damage incurred as a result of actions aimed at saving the Insured property, fire fighting or prevention of fire propagation, including a loss incurred by fire-fighting equipment.

A part of damage incurred to an insurant not indemnified by an insurer pursuant to contractual provisions:

• unconditional F. – a part of damage indemnified by an insurer under no circumstances
• deductible F. – damage incurred to an insured vehicle and additional equipment in the amount that is less than the amount of unconditional franchise, is not indemnified by an insurer, and the damage that exceeds the volume of franchise is indemnified in full.