Provides insurance coverage against risks of natural disasters (earthquake, flooding, landslide, storm), fire, lightning, explosion and theft as well as damages caused by sudden and unforeseeable reasons from the start of the assembly operation until it is finished.
Unless otherwise specified, starts with the unloading of the items shown attached to the policy in the assembly area including four-week testing period until the end date of the policy. Your insurance coverage starts at 12:00 noon and ends at 12:00 noon.
It should not be lower than the current market value of the machinery, installations and materials (including if any custom duties, taxes and transport and assembly costs) to be assembled, and the current market values of the machinery, tools and devices and temporary cabins and auxiliary facilities, if insured, used to perform assembly operations.
Click to see General Conditions of Assembly Insurance.Construction Machinery and Equipmen
Debris Removal
Earthquake
Strike, Lockout, Riot, Civil Commotions and Malicious Damage and Terror Clause
Expanded Maintenance
Third Party Liability
Machinery, tools and devices and temporary cabins and auxiliary facilities to perform assembly operations
Costs of debris removal after damage
All damages caused by strike, lockout, and commotion and any military or disciplinary actions taken as a result of these
Damages caused by 4 weeks of operation/testing period
