NATURAL DISASTER SCHEME COMPENSATION MECHANISM

*Generally covered perils:

  • Floods and mudslides
  • Landslides (including subsidence)
  • Earthquakes and volcanic eruptions
  • Tsunamis and marine submersions
  • Cyclonic winds (> than 145km/hour average over 10 minutes or gusts of 215 km/hour)
  • Avalanches

Natural disaster coverage is compulsory in all property insurance policies. Almost all victims of natural disasters therefore benefit from the coverage.