Shipbuilders All Risk for Shipyards
It is a comprehensive insurance that provides for the physical damage and losses that may occur for any reason, except for the risks that are not covered in the policy, which are sudden and unexpected during the construction period of all types of shipyards, facilities, ships, etc. Machinery and equipment used at the shipyard site, temporary construction site buildings, existing structures located at the construction site, the costs of removing debris due to damage can be covered by the policy with the additional contract. In addition, after the completion of the construction by the contractor and the temporary delivery to the owner, maintenance guarantee is provided for a certain period of time in order to correct any defects that may arise related to the construction. The cost of insurance is determined as the final cost of the project.
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