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The Advantages of Intra Asia
Choice of Coverage
Contractor’s All Risk (CAR)
Coverage for construction projects of buildings, roads, bridges.
Extent of Warranty
Complete protection against loss or damage that may be faced by a construction project, including claims from other parties who suffer losses as a result of the project
Erection All Risk (EAR)
Coverage for project installation/installation of machines.
Extent of Warranty
Complete protection against almost all losses and damage that may occur during the installation of machines, including claims from other parties who suffer losses as a result of the installation activity.
Machinery Breakdown (MB)
Coverage for various types of machinery and utility equipment during operation
Extent of Warranty
Effective and complete insurance coverage for industrial machines both when these machines are in operation, under maintenance, or when they are not operating.
CAR/EAR is a type of insurance that provides guarantees for construction projects of high-rise buildings, factories, facilities and infrastructure (roads, bridges, etc.) or the installation of machines, including renovation work on buildings.
CAR focuses on construction, while EAR focuses on engine installation.
There are 2 types of guarantees:
Material Damage : Policy that guarantees unexpected and sudden physical loss or damage caused by anything other than things that are specifically excluded, in connection with the building or construction process.
Third Party Liability : Policy that guarantees legal responsibility to third parties, in connection with the execution of work. This includes bodily injury, property damage and law costs and expenses.
The initial documents needed are :
The first thing you can do is contact our Claims division at the office telephone number (021 - 798 6129) during business hours 08.00 - 17.00 and we will inform you about it.