Activities of every entrepreneur begin with the construction of a new property complex or reconstruction of an existing facility to fit their needs. This type of insurance guarantees compensation for losses incurred during construction and reconstruction of real property items, and during the period of warranty maintenance thereof.
You can insure property against damage as a result of the following risks (in totality, or any combination thereof):
fire, explosion, lightning strike, fall of piloted aircrafts;
natural disasters: tornado, hurricane, storm, typhoon, snow avalanches, mudflow;
shower; subsoil water logging;
earthquake;
unlawful acts of third parties - burglary, robbery, vandalism, disorderly conduct;
failure of utility networks (water, sewerage, heating, electricity supply systems);
collapse of or damage to a facility, including by crumbling or falling parts.
Insured event is the fact of damage/destruction/loss of property, located on the construction site as a result of risks referred to in paragraph 1, onset of civil liability of the policyholder for any damage to third parties as a result of occurrence of the above risks, as evidenced by an effective judgment of a general jurisdiction court; loss of or damage to the insured object, put into operation, due to the risks referred to in paragraph 1.
There was an accident and you have encountered a problem? Don’t you worry if you have an insurance policy with Eurasia IC JSC. We sympathize with you and are ready to give you our assistance and support.
