WHAT CAN BE INSURED?

Civil Engineering

Civil Engineering

Civil engineering work in accordance with the work contract between the building owner and the main contractor, including: (Contractors' All Risk)

  • The main job
  • Temporary work
  • Preparatory work
  • Ingredients used
  • Debris cleanup costs
  • Third party liability
  • Large tools and machines that help carry out work. (Erection All Risk)
  • Machines and equipment
  • Freight costs or import duties
  • Installation costs
  • Debris removal costs

WHAT IS GUARANTEED?

Losses Experienced

Losses Experienced

Losses experienced by project owners during the process of building civil engineering infrastructure as a result of: (Contractors' All Risk)

  • Natural disasters
  • Fire
  • Explosion
  • Theft includes theft by force
  • Worker negligence
  • Lack of skilled workers
  • Use of wrong materials.

(Erection All Risk) The same as the risks in Contractors' All Risk and added with guarantees for short circuits and falls of the object to be insured.

ARE THERE ANY RISKS THAT ARE NOT WARRANTED?

  • Wars and the like
  • Nuclear reactions
  • Intentional or willful negligence
  • Planning errors
  • Job savings in whole or in part
  • Development sanctions
  • Securities
  • Cash
  • Drawings or plans
  • Loss of expected profits

WHO NEEDS THIS PRODUCT?

Companies or individuals who will carry out civil engineering work or install machines and equipment, project owners, suppliers or manufacturers of machines/equipment to be installed.

WHAT FACTORS AFFECT PREMIUM RATE?

Type of project, project location, implementing contractor, owner, project environmental conditions, chance of a disaster occurring, time period for project completion, equipment or machines to be installed.