Insurance Objects
construction and erection works;
materials;
erected equipment;
temporary buildings and structures;
existing client’s property on the construction site (for example, in case of construction of a new building, adjacent to the constructed building, or repair works in the company premises);
costs for clearing works after occurrence of the insured event
Insurance risks
- fire, explosion, lightning stroke, falling of flying vehicles;
- natural disasters (hurricane, earthquake, flooding etc.);
- construction and erection errors;
- negligence of workers, technical staff;
- accident resulting from defects of insured materials and objects;
- falling of objects, breaking of chains and ropes;
- increased or decreased pressure, break due to centrifugal effect;
- wrongful acts of third parties;
- burglary
If agreed with the Insured, the insurance coverage remains valid within the period of:
- prepositioning;
- works performance;
- commissioning works;
- contractor performance of post-launch warranty liabilities
