Construction Works Insurance
This insurance is tailored to the needs of building contractors who want coverage for potential damage to a building during the construction period.
Viðskiptavinir okkar fá afslátt á ýmsum öryggisvörum
This insurance is tailored to the needs of building contractors who want coverage for potential damage to a building during the construction period.
Insurance can be complicated. To make things easier to understand, we have compiled all the key information about the insurance in an information document that can be viewed with the terms and conditions.
Damage caused by fire, soot fallout, lightning, or explosion
Water damage, such as sudden and unexpected leakage from plumbing, heating systems, or drainage pipes of the building
Damage due to collapse or subsidence
Damage caused by storms when wind speed exceeds 28.5 m/s
Loss due to burglary, theft, or vandalism at the construction site
Glass breakage — but only after installation
Fire damage that is not considered a conflagration (e.g., scorching) or damage caused by short circuits
Theft of valuables stored outdoors or in areas with easy access for unauthorized persons
Damage occurring during the use of explosives on-site
Scratches, chips, condensation between glass panes, damage due to expansion or poor maintenance of frames or fittings, glass damage from construction work or outdoor repairs, or damage resulting from breaking of glass
Consequential damage from any cause
Damage due to the use of incorrect or defective materials
Damage resulting from incorrect and/or incomplete design and/or calculations
Damage caused by registered motor vehicles
Our team consists of specialists with extensive knowledge of insurance and broad experience in analysing the needs of businesses of all sizes and types.
It is important to have the right insurance for your business, whether it concerns your employees, operations, or equipment.
We work closely with our business clients to ensure that their insurance reflects the needs of their operations at all times.