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Contractor Insurance Protects Workers and Construction Tools

General  |  10 January 2018  |   1018 Views

Contractor Insurance Protects Workers and Construction Tools

General  |  10 January 2018 Contractor Insurance Protects Workers and Construction Tools

Construction construction is not only faced with the risk of lawsuits by the project owner or by third parties if there are problems due to construction work but also to the risk of physical damage or loss.

Civil employment insurance is present as an insurance product that protects the project from the signing stage of the contract, to the completion of the work. Protection also includes equipment used in work and factories, as well as obligations to third parties arising from the execution of work. civil employment insurance or often called contractor insurance is divided into 2 types, namely all risk insurance contractor or contractor all risk and engine damage insurance or often called machinery breakdown.

Contractor All Risks
This type of insurance guarantees all losses to the insured object during the construction and maintenance period. In addition to the insured items and equipment, all risk insurance the contractor also provides protection for third parties during the construction period.

Machinery Breakdown
Machine damage insurance serves to reduce physical losses or unexpected and sudden damage to the engine from any acceptable cause. Machine damage insurance offers protection for your company against an unexpected event that can occur at any time.

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