Freedom monument - the only insured symbol of LATVIA

22 November 2012 —
The Freedom monument is the only Latvian statue that is insured. During this year's festivities, the monument's insurance will be renewed for the tenth time in the last ten years, BTA Insurance Company notes.

The policy includes protection against hooliganism and moral hazard threats - the most frequent hazards to this state symbol.

One insurance case related to the Freedom monument was registered this year - settling ones "natural needs" on the monument's stairs. This fact is made even sadder considering that that person was a Latvian citizen. A 150 LVL large remuneration was paid to the Riga Monuments agency by BTA for the carrying out of the monument's cleaning. The compensation was then collected from the perpetrator.

In total, there have been 14 cases in the last nine years related to settling needs at the Freedom monument. Among the perpetrators were eight Latvian citizens and six foreigners (two Estonians, two citizens of Sweden, one British and one unknown perpetrator).

"Our goal is to secure a status of UNESCO cultural heritage for both the Freedom monument and the Riga Brethren Cemetery memorial. The Riga Monument agency is currently actively working on forming an international Freedom monuments alliance with other world famous Freedom monuments," - notes Riga Monuments Agency Director Guntis Gailitis. He hopes that the ensemble of the Riga Brethren Cemetery Memorial will also be insured from now on.

The Freedom monument is insured from all possible risks: fire, smoke, storms, hail, floods, possible damage from motor vehicles, leakage from damaged pipelines, landslides and subsidence, malicious damage to property and other threats.

Read the full story on www.bnn-news.com.
Freedom monument - the only insured symbol of LATVIA
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