Contractors’ all-risks including but not limited to:
Fire
Explosion
Lightning
Acts of God (whirlwind, hurricane, storm, typhoon; avalanche, mudflow; flood, inundation, heavy rain; earthquake)
Landslide, landslip, subsidence, ground water underflooding
Falling aircraft or parts thereof, trees, buildings or other items, onto property insured
Malicious acts of third parties to damage or destroy property insured
Burglary, robbery, brigandage
Breakdown of water-supply, sewerage, heating, power supply and other systems
Faults in erection
Faulty design
Defective workmanship or material
Collapse, loss or damage of property insured by splitting off or falling parts thereof
Any other sudden and unforeseen accidents on site not specifically excluded by the policy.
Endorsements and extensions of coverage:
Cover for loss or damage due to strike, riot and civil commotion
Special conditions concerning underground cables, pipes and other facilities
Warranty concerning camps and stores
Inland transit
Cover for designer’s risk
Existing property or property belonging to or held in care, custody or control by the insured
Loss adjusters' fees
Debris removal
Professional fees
Construction plans and documents
Cover of extra charges for airfreight
Cover of extra charges for overtime, night work, work on public holidays, express freight
Property in off-site storage
Temporary repairs
Cover for testing of machinery and installations
Vibration, removal or weakening of support
Site visitors
Cover for cross liability
Cover for terrorist acts
Public authorities
Loss minimization expenses
Construction plant machinery and equipment insurance
and other extensions of coverage
If you have any questions about insurance, please contact us
Proprietary interests of the insured (insured person) howsoever related to or connected with the liability to compensate in accordance with the Russian law bodily injury, death or property damage to the third parties during insured construction erection works.
Covered occurrence means loss or damage to the contract works due to errors and omissions made by the contractor in the course of maintenance operations on the insured object, including errors and omissions caused by the contractor in the course of the contract works but discovered during the maintenance period.
Provides cover for any sum which the insured may be legally liable to pay to any employee in respect of injury, illness, disease or death caused during employment in the business of the insured, including defence costs incurred by the insured.
ALOP/ DSU insurance covers actual loss of gross profit sustained as a result of delayed commencement of business operation caused by an occurrence covered under the Contractors’ All Risks policy or the Erection All Risks policy. ALOP/ DSU coverage is not sold as a stand-alone policy but can be added onto CAR / EAR policy.