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Investors, contractors or subcontractors may insure any public, industrial, engineering or private building sites under the Construction and Erection Risk insurance arranged by our Brokers.
The subject matter insured comprises:
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the whole building site, the construction works, performed under the
contract;
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materials;
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plant and machinery;
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the investoršs or contractoršs legal liability for property damage or
bodily injury
caused to third parties.
The Insurer will pay indemnity in case of:
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loss of or damage to the insured property, resulting from all risks of any
sudden
unforeseen events, except those explicitly excluded;
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damage caused to the health, life or property of third parties.
Additional cover is provided for:
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Loss or damage, resulting from strike, riot and civil commotion.
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Extended maintenance of construction works.
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Extra charges for overtime, night work, work on public holidays, express
freight.
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Damage due to earthquake.
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Property in off-site storage.
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Damage to underground cables, pipes and other facilities.
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Designeršs risk.
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Vibrations, removal or weakening of support.
For more information please do not hesitate to contact us at insurance@e-websolutions.org