CONSTRUCTION - ERECTION RISKS INSURANCE

Thames Insurance Group offers building, erection, engineering works and construction-erection risks insurance for sites in any building.

This insurance is necessary and available for Contractors according to the civil legislation of Georgia, which is responsible for death or damage to the building site of client by accident, and this insurance is available for client also where there is danger loss of his investment which put for construction, if damage occurred with this building site.

Insured can be Contractor and also Client.

Object of Insurance is:
construction, structure, engineering works;
subsidiary erection, construction machines and equipments;
Civil Third Party Liability

Insurance can include all risks cover according to the selection of Insured as:
fire, explosion, lightning;
losses, burst of water pipes;
flood, downpour;
earthquake;
collapse, landslide;
storm;
theft;
Crash of construction and structure.

Insurance sum is calculated in accordance to the sides outing:
All contract value of construction-erection work, including cost of delivery materials, construction elements and equipment's, designing remuneration, transportation charges, customs duties and dues;
Cost of reconstruction equipment of building site and construction machine.

Rate and tariff's level corresponds to the European insurance market.
As a special extension to this insurance following can be amended:
Additional expenses for overtime work, work during the night, in official holidays, for urgent cargo transportation;
Equipment's of site area and construction machinery;
For casual keeping equipment of site area in construction area;
Maintenance works.

Specialists of Company will offer you optimal scheme of insurance protection in accordance with specific conditions, constructing - mounting works, subject to particular risks, which is necessary for full cover of your business.