Project Insurance
Comprehensive Protection for Every Stage of Your Project
Large-scale projects come with significant risks that can impact your timeline, budget, and operations. Project Insurance offers a safety net to protect your investments and ensure smooth project execution, no matter what challenges arise.
What is Project Insurance?
Project Insurance is a tailored insurance policy designed to protect construction, infrastructure, and other development projects from start to finish. It provides coverage for financial losses due to unforeseen events like accidents, natural disasters, or legal liabilities.
Key Coverages Under Project Insurance
- Contractor's All Risks (CAR):
- Protects against damages to the project site during construction.
- Includes accidental damage, fire, theft, and natural disasters.
- Erection All Risks (EAR):
- Designed for installation and erection projects.
- Covers machinery, equipment, and liability during assembly or installation phases.
- Third-Party Liability:
- Coverage for damages or injuries caused to third parties during the project.
- Delay in Start-Up (DSU):
- Compensates for financial losses if project completion is delayed due to an insured peril.
- Advanced Loss of Profit (ALOP):
- Protects against potential revenue loss caused by delays or project disruptions.
Who Needs Project Insurance?
- Contractors and Builders
- Developers and Property Owners
- Engineering Firms
- Subcontractors
Why Choose Us for Project Insurance?
- Industry Expertise: We understand the unique challenges of large-scale projects.
- Tailored Policies: Customized coverage to meet the specific needs of your project.
- Fast and Easy Claims Process: Minimize downtime with our efficient claims service.
- Comprehensive Protection: End-to-end coverage for every stage of your project.
Don’t Let Risks Delay Your Success
Secure your project with the right insurance today. Contact us for a free consultation and customized quote to keep your project on track and protected.