As a developer or builder, during the execution of a construction project, many mishaps can arise that can cause accidental or unforeseen material damage during the execution of a project.
With the increase in the cost of construction materials, this insurance becomes a key element during any type of construction, against damages that may be suffered on the construction site.
Developers and builders who wish to protect the property and material damages in the works they undertake against events such as fire or explosion, flood, theft, etc.
This insurance offers coverage from the beginning of the work until its completion, so it should be taken out before the work begins.
It can be taken out once the work has begun, provided that an acknowledgement of absence of claims has been signed.
The covers of this insurance are:
- Material damage caused to the work and its installations in an accidental and unforeseeable way.
- Additional and justified expenses caused by a loss covered by the policy, for dismantling and removal of the remains.
- Additional and justified expenses caused by the measures taken by the authority to cut off, extinguish or prevent the spread of a fire.
- Reimbursement of the fees of professionals who have worked on the repair of the insured property after its destruction or damage.
- Overtime for work at night or on public holidays and urgent non-air shipments or transports.
- ALOP Anticipated loss of profit on a project due to a loss on site that delays completion.
- LEG 3 Covers damage to the wrong element itself as a result of a design error.
What our customers say
Thank you for the excellent service.
A friend recommended your company to me years ago and I'm glad I listened to her advice. I have worked with quite a few companies and have rarely had a claim. However, compared to other insurance policies I have occasionally had a claim with (car, dog, ...), your service is top notch: personal service, immediate response, competence and a real personal and individual way you treat your clients.
Thank you very much
The response I received has been very professional, personalised, friendly and close at all times. I have been able to contract a product and service that perfectly suits my needs, when I was faced with several interesting proposals. A success.
All the team members I have dealt with have been professional, patient, polite and friendly. They have dealt with several difficult situations for me and have gone above and beyond to help me. Their advice and judgements have been sound and reliable, so I have always felt safe knowing that I was being well looked after. As an expatriate who does not speak Spanish, life in Spain would be much more difficult without the support of this company.
There is no doubt in my mind that I would recommend Op de Beeck & Worth for a much needed peace of mind.