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What is a deductible?

Fixed amount or percentage of an insurance claim that is the responsibility of the insured, and which the insurance company will deduct from the claim payment.


What is an insurance premium?

Financial cost of obtaining an insurance cover, paid as a lump sum or in installments during the duration of the policy.


What is generated premium?

part of the insurance premium that belongs to the last part of the validity period of the insurance contract.


What is Sum insured?

The amount of money that an insurance company is obligated to cover in the event of a covered loss


Insurance claim

Demand for payment in accordance with an insurance policy. Legal demand or assertion by a claimant for compensation, payment, or reimbursement for a loss under a contract, or an injury due to negligence.


What is the compensation of the insured?

The amount that the insurer is paying the insured to pay the damages caused by the insurance cover provided by the insurance contract.


How to behave at a car accident

→ Do not drive your car from the accident place

→ Notify Patrol Police immediately about an insurance claim

→ Contact the hotline of the insurance company

→ Wait for an insurance company and act according to its instructions


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Our advices will help you to make the best decision.


We offer you fast and convenient service for an acceptable price.


We'll be always with you even in the most unusual situations.

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Magnus Insurance

Magnus is a place where insurance companies of Georgian market are presented in one space.

We offer you a wide variety of choices for a profitable price. You can purchase insurance products on our website, without need to visit our office. Magnus offers insurance as well as reinsurance programs.

We collaborate with both individuals and legal entities.

Time and a quality service is very important for our clients, that is why they chose Magnus.

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