The projects covered by the All-Construction Risk Insurance:
residential and office buildings, hospitals, schools, theaters, stadiums
factories, power stations
roads, railways, facilities, airports
bridges, dams, tunnels, water supply and sewerage systems, canals etc.
All-risk technical works programs provide extensive insurance coverage for each project.
More specifically, all risks are covered except those included in the exclusions of the Insurance Policy. This means that any physical loss or damage to the insured items due to an unforeseen and sudden event caused by a non-excluded risk is covered. The main covered risks are indicatively:
Insurance coverage Against All Risk of Contracting for each category of technical projects, each budget and for any damage that may occur to the project from: Earthquake, subsidence , landslide or rockslide, Phenomena (?), Fire, Political Risks, Malicious acts, Defective Design etc.
Ιnsurance coverage for risks that may appear in the existing constructions of the Main project, during the maintenance of the project, until its final delivery, in the mechanical or other equipment of the project.
Liability coverage against Third Parties (personal injuries and property damage) that will result from the work activity.
Additional optional coverages, such as: garbage collection in case of compensable damage.