CONSTRUCTION AND ASSEMBLING OPERATIONS INSURANCE

 During construction and assembling operations losses are inevitable if they are not taken care of in advance

• General Information
  

  WHAT IS CONSTRUCTION WORK INSURANCE?

  Construction work insurance is made up of the following main components. 

  - insurance coverage for all   the building materials used in construction ;

  - insurance coverage for property including mobile equipment;

  - insurance coverage for the third-party loss or damage in the course of construction;

  - insurance coverage for the accidents caused to the construction workers in the course of construction

   

  INSURANCE COVERAGE

  Construction work insurance covers

  - Construction property;

  - Third-party liability;

  - Job site injuries caused in the course of construction;  

   - Guarantee obligations after withdrawal.

   

  WHAT RISKS DOES THE INSURANCE COVER?

  The insurance covers the following perils.

  - fire, explosion, lightning strikes,  fall of flying objects;

  - damage from natural disasters;

  - subsidence;

  - granite water flooding;

  - property damage due to the deliberate actions taken by the third party, e.g. burglary, on-site theft, vandalism

  - water supply, heating, sewage accidents’

  - damage due to faulty design and errors;

  - damage to the construction site or building collapse construction accidents;

  - unexpected and unforeseen accidents on the construction site.

• Contract Conclusion
  

  PURCHASING THE CONTRACT

  The contract is available for purchase from the following offices:

  - NAIRI INSURANCE HEAD OFFICE

  - NAIRI INSURANCE branches and agencies

  - NAIRI INSURANCE agents

  - The contract can also be purchased by calling (+374 10) 50 00 10  24/7 line.