Material Damage

Covers unforeseen and sudden physical loss or damage from any cause (other than those specifically excluded) to items to be erected

Third Party Liability

Covers for Insured’s legal liability to pay damages consequent upon accidental third party bodily injury and/ or property damage in direct connection with the contract works and happening on or in the immediate vicinity of the contract site

This list is non-exhaustive. Please refer to our policy contract for the full list of exclusions under this policy.

✖ War, civil war and any act of terrorism.

✖ Radioactive and nuclear energy risks.

✖ Willful acts or willful negligence.

✖  Wear and tear.

✖  Faulty design, defective material or casting and/or bad workmanship.

✖ Mechanical and/or electrical breakdown or derangement of construction plant and machinery.

✖ Consequential loss of any kind, including penalties, losses due to delay, lack of performance, loss of contract.

✖ Pollution and contamination.