Construction All Risks Insurance
The All Risks Construction insurance covers all damages that occur accidentally or unforeseeably in the civil work during its execution.
It may be contracted by the main constructor of the work, although it may also be subscribed by any individual or legal entity involved in its execution (owner, developer, etc.).
The term of the insurance is determined by the duration of the construction. The insurance covers from the first preparations of the work until the delivery of the same. The effective date and expiration date must be clearly stated in the policy.
Coverage
Some characteristics of the All Risks Construction Insurance are as follows:
- Conventional risks: fire, explosion and lightning strike; theft; aircraft crash, vehicle crash and impacts.
- Risks inherent to the execution of the work (always excluding defective parts of the work): design errors; defects in materials; defective workmanship.
- Any other accidental and unforeseeable cause not expressly excluded in the policy.
To be taken into account
It is important to note:
- If the work is completed after the scheduled date, it will be necessary to request an extension of the contract from the insurer.
- In addition to the basic guarantee, there is another series of optional guarantees that can be contracted and which increase the coverage for the Insured.
Information request form
To request information about the product, please fill in the following fields of the form.
