Construction and installation risks insurance is a comprehensive type of insurance that protects construction participants from the risks of accidental loss or damage to construction works, construction equipment, materials, other property, as well as civil liability for harm to third parties.
WHAT CAN WE INSURE?
industrial construction objects - industrial buildings, transport infrastructure facilities (road and railway facilities, airports, seaports, bridges, canals, dams, tunnels, gas pipelines, oil pipelines, product pipelines);
objects of civil construction (office buildings, housing objects, etc.);
objects located on the construction site or in close proximity to it, belonging to the customer or contractor;
In addition, for the period of work, the following can be insured:
construction equipment (excavators, cranes, transport mechanisms, etc.);
construction site equipment (own, rented).
WHAT DOES THE POLICY PROTECT FROM?
destruction, loss or damage to objects of contract work and / or insured property;
expenses for clearing the territory as a result of an insured event;
losses due to the emergence of civil liability to third parties during construction and installation works;
In addition, it provides for civil liability insurance of a construction company for harm to life, health, property of third parties and the environment, both for the period of work and during the warranty period.