Construction and assembly works insurance covers material damages and the contractor's liability related to the works performed.

Who is it for?

• Designed for legal entities, construction-assembly contractors, and economic agents engaged in construction activities.

What does it cover?

• Contractual works (permanent or temporary, including all incorporated materials), the contract value, and materials or other goods provided by the beneficiary;
• Buildings and other equipment owned by the beneficiary;
• Contractor’s machinery.

What risks are covered?

• Total destruction or damage to the construction object caused by:
  • Fire, explosion, lightning, short circuit;
  • Errors in assembly and construction works;
  • Defects in insured objects, chain and rope failures;
  • Falling details and other objects, natural disasters, illegal acts of third parties;
• Claims by third parties for compensation for damages to life, health, or property:
  • During assembly and construction works;
  • During the warranty period;
• Total destruction or damage to the construction object due to hidden defects detected during the warranty period.

Insurance Conditions:

• In case of an insured event, compensation is provided within 14 days of signing the act:
  • Total destruction – up to the insured amount;
  • Damage – up to the cost of repairs;
  • Civil liability – compensation for damages to life, health, or third-party property, without exceeding the insured amount.

Insured Sum:

• Determined by agreement but not exceeding the cost of property insurance.
• Adjustments during the contract period are allowed through formalities.

Insurance Premium:

• Depends on:
  • Selected insurance conditions;
  • Location of the construction object;
  • Contract duration;
  • Insured sum;
  • Protection conditions.
• Can be paid in installments.

If you have difficulties or need additional information, contact our manager at:
+373 (22) 26 44 44 (24/7).