INSURING INTERIOR WORKS & BUILDING

March 7, 2024

A risk has been covered

January 11, 2024

Many companies outsource a large

December 6, 2024

When we were talking about

December 9, 2024

Major functions of Reinsurance are

December 19, 2024

Graded retention under Surplus Treaty

March 28, 2024

IRDAI has completely withdrawn the

Latest Blogs

INSURING INTERIOR WORKS & BUILDING

Share to

A building has been constructed by a civil contractor and handed over to the owner. The owner decides to get interior, electrical, plumbing, air-conditioning works done through another contractor.

What is the right way of insuring the same?

a) Building covered under Fire Policy and all interior and other works covered under a separate CAR policy.

OR

b) All interior and other works covered under a CAR policy and building covered under the “Owners Surrounding Property” extension under the CAR policy?

OR

c) Both Building and Interior and other works covered under the fire policy.

The insured needs comprehensive coverage -coverage not only if the interior works result in damage to the building but also an earthquake damages the building.

0
    0
    Your Cart
    Your cart is emptyReturn to Shop