Oil operations insurance
Following the independence of Kazakhstan, the oil and gas industry is one of the most important elements of the economic and political development of the country.
Oil and gas recovery is connected with high risks; even if the safety regulations are fully observed and all preventive measures are taken, the risks of the recovery cannot be nullified.
Thus, the only reliable tool to allow minimizing the financial consequences of an insurance event is the comprehensive insurance of petroleum operations.
WHY do you need a petroleum operation insurance agreement
In order to receive guaranteed indemnity if unexpected expenses during the development of an oil field arise
HOW MUCH DOES YOUR INSURANCE AGREEMENT COSTS
What influences the cost of the agreement
The insurance rate depends on:
- The coverage requested;
- The limit of liability;
- The period of insurance;
- The number, status, type of wells and their depth;
- Existence of additional coverage sections;
- Loss history.
To obtain further information, contact our managers. We will be pleased to help you.
