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Construction and equipment erection insurance

We offer construction insurance which ensures coverage for the construction and installation works – from the beginning of the work to its completion. This insurance is relevant for builders, contractors and subcontractors, construction financing institutions.

Construction insurance for your smooth projects

We offer insurance against all risks: your construction work will be covered against a fire, forces of nature, water, theft and any other sudden and unexpected events, except for the cases listed in the non-insured events section of the insurance terms and conditions.

Many years of insurance experience in this area

We have the longest practice in working with this insurance, the greatest experience in risk assessment and claim settlement.

Leading insurer

We are a leader in classic construction insurance.

A wide range of insurance coverage

Compulsory construction insurance includes insurance of the property under construction and civil liability risks of the 

contractor. Along with this insurance, you can choose additional products and protect your company from unplanned expenses.

Customised insurance coverage

We adapt the insurance coverage according to your needs and make sure that the insurance covers all the risks relevant to the object under construction.

Many years of insurance experience in this area

We have the longest practice in working with this insurance, the greatest experience in risk assessment and claim settlement.

Leading insurer

We are a leader in classic construction insurance.

A wide range of insurance coverage

Compulsory construction insurance includes insurance of the property under construction and civil liability risks of the 

contractor. Along with this insurance, you can choose additional products and protect your company from unplanned expenses.

Customised insurance coverage

We adapt the insurance coverage according to your needs and make sure that the insurance covers all the risks relevant to the object under construction.

What may be covered by Construction and equipment erection insurance?

All risks

With the insurance of installation works and construction works, we insure the construction works of: residential buildings, non-residential buildings, transport communications, engineering networks, installed equipment, any other structures, against the following insured events:

  • fire;
  • water;
  • forces of nature;
  • glass breakage;
  • other property risks;
  • compulsory contractor’s liability insurance.

What may be covered by Construction and equipment erection insurance?

Types of insurance:

Construction work insurance

After construction works are insured, losses incurred to buildings and structures of various purposes during their construction, reconstruction, overhaul repair, modernisation or renovation are compensated.

After construction works are insured, we will compensate sudden and unexpected losses of the insured construction works incurred during the validity of the insurance contract due to sudden and unexpected events, except for those events specified in the terms and conditions as not covered. 

This type of insurance is compulsory, the insurance consists of construction works and civil liability parts.

 

Equipment erection insurance

After the installation works are insured, the losses caused to production and technological devices of various purposes during their installation, testing and commissioning are compensated.

Construction technical supervisor liability insurance

The construction technical supervisor liability insurance is a mandatory insurance. According to this insurance, we will indemnify the builder (customer) and third parties for damage caused by the policyholder to property or personal health due to the technical maintenance works.

Construction work insurance

After construction works are insured, losses incurred to buildings and structures of various purposes during their construction, reconstruction, overhaul repair, modernisation or renovation are compensated.

After construction works are insured, we will compensate sudden and unexpected losses of the insured construction works incurred during the validity of the insurance contract due to sudden and unexpected events, except for those events specified in the terms and conditions as not covered. 

This type of insurance is compulsory, the insurance consists of construction works and civil liability parts.

 

Equipment erection insurance

After the installation works are insured, the losses caused to production and technological devices of various purposes during their installation, testing and commissioning are compensated.

Construction technical supervisor liability insurance

The construction technical supervisor liability insurance is a mandatory insurance. According to this insurance, we will indemnify the builder (customer) and third parties for damage caused by the policyholder to property or personal health due to the technical maintenance works.

Frequently asked questions

Terms and Conditions