Romania
Romania Title
Pool-ul de Asigurare împotriva Dezastrelor Naturale (PAID)
Romania Description
The Insurance Pool against Natural Disasters (PAID) Romania was established in November 2009 as an insurance and reinsurance company, formed by an association of insurance companies in order to provide Romanian homeowners with compulsory home insurance in accordance with the provisions of Law no. 260/2008. Under this law, PAID covers three specific risks within Romania: earthquake, flood, landslide.
Romania News and Events
News and Events
PAID launches awareness campaign 'The real tragedy is not the disaster, but the lack of preparation'
2 April 2025
(Only in Ro)
The Insurance Pool against Natural Disasters (PAID) launched on 1 April the awareness campaign 'The real tragedy is not the disaster, but the lack of preparation’, which aims to draw attention to the devastating impact of natural disasters on communities in Romania.
27 March 2025
(Only in Ro)
PAD policies purchased online, through the website of the Natural Disaster Insurance Pool (PAID), can be paid, starting Thursday, also in cash, through SelfPay payment stations available nationwide.