Project Risks
Who this cover is for
Property developers
Project promoters
Investors in real estate projects
Public-private partnerships
Protection from preparation to completion
Contractors' all risks (CAR)
Developer liability
Ten-year liability
Delay risk
Contractual risks
Cover during vacancy after completion
Options to consider
Project CAR insurance
Aimed at the project during the construction phase.
- Work in progress
- Building materials and equipment
- Existing parts of the building during renovation
- All building partners in one contract
Ten-year liability insurance
Legally required for residential projects where an architect is mandatory.
- Solidity and stability
- Watertightness of the closed shell
- Projects mainly intended for habitation
- A period of ten years after handover
Combined project development policy
Aligns the various covers with one another.
- Coherence between the policies
- One file in the event of damage
- Aligned with the project duration
- Overview for the parties involved
What we look at
- Scale and complexity of the project
- Number of parties and contracts involved
- Timing and planning
- Financing and investors
- Existing insurance
- Blind spots in your current cover
What affects the price
Project value
Duration
Complexity
Cover
Conditions
Why choose KBRS
Technical expertise
Clear risk analysis
Claims follow-up
FAQ
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From when should a project be insured?
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What happens to the insurance after completion?
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Is a project delay insurable?
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Who is liable in a dispute between several parties in the project?
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Can KBRS review our existing project policies?
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What should we do in case of damage during the project?