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Saturday, 27.04.2024, 04:38
BTA again insures Freedom Monument in Riga for EUR 1.5 mln
BC, Riga, 12.11.2014.
Print version
Print versionJoint-stock insurance company BTA Insurance Company (BTA) has renewed its insurance policy for the Freedom Monument in Riga for the 11th year in a row, as a gift to the Riga City Council, reports LETA.
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The Freedom Monument has been insured for EUR 1.5 million.
It remains the only monument to be insured in Latvia, BTA said.
The risks covered by the insurance include fire- and water-caused damage, explosion, lightning strike, damage caused by strong winds, vandals, damage caused by hail, flood, landslides, criminal damage, and others.
Since 2008, the monument has also been insured against defilement.
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