All Risk Construction Insurance
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| The different risks that are presented in the execution of a work can carry damages whose repair affects to the foreseen development of the same one. The economic affection doesn't decrease exclusively to the quantity of those damages, but rather other important derived expenses can also exist. As any other product of the family of the calls all risk, this insurance covers all that is not specifically excluded, whenever the damages or produced material losses are direct consequence of an accidental cause and unforeseeable. It can be hired in two forms: policy for work or renewable open policy for all the works that the insured undertakes in an annuity |
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| The main objective is the own work to build, understanding as such the group of the permanent works and carried out storms and in course of the realization. These concepts include the auxiliary works equally, as well as the materials, provisionings and storings for the assured work. As complementary guarantees, the most frequent are: |
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- Wide maintenance. - Expenses of demolition and/or clean of rubbish.
- Extinction expenses.
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Strike, mutiny, civil shock, sabotage and terrorism. - Work machinery.
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Construction teams.
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| - Losses as consequences originated by a delay in the delivery of the work because of catastrophes. |