Industry-Specific Insurance

Construction All Risks Insurance covers insurance of an object under construction, safety of construction equipment and third party liability insurance of construction companies for the harm caused to third parties. It also provides insurance of both construction materials in warehouses serving a particular construction project and motor vehicles and other special machinery.

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.

- Standard Risks

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.

The following is subject to insurance:

Sum Insured
is the sum of the value of construction and erection works, materials and equipment + liability limit for third party liability insurance.
Insurance Period:
period of construction (erection) works. The effect of insurance coverage however may be extended for the warranty period of commissioned projects.

Insurance rates for facultative insurance classes, published on this website may not apply to each and every insurance contract and are subject to change depending on the extent of risk and specific insurance terms. Publication of rates on this website does not constitute an offer.

Contact Our Manager:

Contact Telephone Numbers:
+7 (727) 258-43-36 (for Almaty)
8 800 080 0099 (toll-free throughout Kazakhstan)

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Insured Event?

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.

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