In general, it is possible to cover the damage resulting from natural disasters if the property is insured and the following conditions are met:
1. The insurance contract must include coverage for natural disasters. The force majeure must not fall within the contract's exclusions.
"Insurance is a contract whereby both the insured and the insurer cooperate together to face the risks or accidents insured against and, whereby in consideration of a specified amount or periodical premiums, the insurer undertakes, upon occurrence of the event or the risk specified in the contract, to pay to the insured or the beneficiary a sum of money, an annuity or any other pecuniary right." (the term outlined in Article 1026 of the Federal Law No. 5 of 1985 on Civil Transactions ("Civil Code").
Before signing an insurance contract, it is recommended to examine it closely, especially its conditions related to insurance coverage, exclusions and fine printed terms. The insured person may be reimbursed if the insurance policy covers risks including natural disasters and force majeure (an "act ...