Construction and Installation Insurance
Construction and installation insurance is comprehensive insurance that covers risks associated with construction or installation work that you undertake as an investor or contractor. With this insurance, you secure coverage both for damage to the structure being built and for liability for damage you may cause to third parties or project partners. For businesses in the construction industry, protecting the client is just as important as protecting investors and suppliers of construction and installation work. Thanks to construction and installation insurance, you protect yourself and the structure you are building, and you also insure the costs needed to remedy damage caused to third parties. It is also possible to add coverage for loss of profit resulting from a delayed handover of the completed structure.
