Building Construction Safety
Why do I need Construction Insurance?
Insurance programs against all technical risks are complete programs for owners or contractors and concern the erection of buildings. They ensure the protection of construction works of any kind both for unexpected and sudden damages that may occur during erection and / or construction, as well as for claims arising from third parties due to personal injuries and / or material damage that may occur due to construction works of the project
With simple procedures
Complete property insurance system
The projects covered by the All-Construction Risk Insurance:
– residential and office buildings, hospitals, schools, theaters, stadiums
factories, power stations
– roads, railway facilities, airports
– bridges, dams, tunnels, irrigation and drainage systems, canals, etc.
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.
With the guarantee of Future Plan