Civil Engineering Complete Risk (CECR)
Summary
The Civil Engineering Completed Risk Insurance provides coverage against losses or damages to civil engineering structures after their completion.
Possible structures that can be covered include highways, roads, bridges, tunnels, dams, etc. The coverage is only granted for material damage to the structures insured and only repair costs are indemnifiable.
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Fire, Lightening, Explosion, Impact by land borne/water borne vehicles Impact of aircraft, Aerial devices Earthquake, Storm, Flood, Wave action, Water etc Subsidence, Landslide, Rockslide Frost, Avalanche, Ice, etc.
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Losses or damages to civil engineering structures after their completion such as highways, roads, bridges, tunnels, dams, etc are covered.
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Construction Specification including location, values, materials used, maintenance routine, surrounding details etc.