All Risks Construction Insurance

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.
   

You can leave your contact details in the form below and we will call you back. Or you can call or write to us directly and tell us your needs. We will be happy to help you protect the things you hold dearest.