Dozens of construction partners work together to erect a construction on a given site.
The purpose of the Construction All Risk is to insure the work and all the involved parties against possible losses.
BDM insures general construction activities such as residential buildings, public buildings, industrial buildings and sports centres. Our scope includes also renovation, conversion, road and sewage works.
The Construction All Risk is both a property damage and a civil liability insurance.
During the construction work the construction itself, inherent defects to materials and existing property are all covered against ia. collapses, ground subsidence, theft, etc.
BDM also provides further cover after the provisional delivery (the maintenance period) for possible damage originated during the construction phase.
During the construction the Construction All Risk provides extensive guarantees for third parties concerning civil liability, both fault liability and no-fault liability.