The construction and installation work insurance is a product specially designed for construction work so that builders or contracting entities can mitigate the risks arising in the course of construction work and, in the event of an insured event, restore the pre-loss situation with Seesam’s help.
With Seesam construction and installation work insurance, you can insure both property and liability risks related to construction work.
With property insurance, you can insure your construction and assembly work from the beginning of the construction work until the delivery of the completed object to the customer. In addition, it is possible to extend property insurance cover to tools, temporary buildings, office equipment, furniture, plans and documents used in construction work. Since builders usually have an obligation to repair construction defects and carry out maintenance work within a certain period after the construction has been handed over, you can extend the insurance coverage to the maintenance period as well.
In addition to property insurance, you can also insure your own liability related to construction and assembly work, whereby Seesam compensates a third party for any personal injury or property damage caused by negligence in the course of the construction, installation or modification of the insured object in accordance with the terms and conditions set out in the insurance contract.