In case of All Risks Construction, it is necessary:

a) Insured´s Name.
b) Insured´s Line of Business.
c) Amount of the contract to enter.
d) Detailed description of the Works to be done.
e) Geotechnical Report .
f) Design or Construction Drawings.
g) Construction Schedule and Valuation .
h) Constructor´s experience.
g) Loss rate for the last 5 years.

And for these insurance lines:

  • Machinery and equipment.
  • Machinery Erection.

The basic information is usually the following:

  • Insured´s name.
  • Line of business.
  • Insured´s experience
  • Loss rate for the last 5 years.
  • Breakdown of insured sums (with details of the machinery characteristics, individual value, manufacturing year, etc.)
  • Location where the equipment operates (Machinery and equipment)
  • Schedule and Valuation for Machinery Erection and Dismounting (Machinery Erection)

Contact and suggestions

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