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CONSTRUCTION INSURANCE (additional peril (Construction equipment such as…
CONSTRUCTION INSURANCE
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SCOPE OF COVER
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EXCLUDED PERILS
Loss or damage due to willful misconduct
Loss or damage due to faulty design
Cessation of work, partial or total
Deductible as mentioned in the policy document
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Perils Covered
• Fire and Allied Perils • Earthquake, fire and shock • Flood, storm • Collapse • Faults in construction • Human errors
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MODE OF PAYMENT
cash,replace,repair,reinstate
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