This insurance policy covers physical and unpredictable losses in civil projects, infrastructure and constructional operations of different types of structures, such as residential buildings, office buildings, towers, factories, silos, roads, airports, dams, irrigation canal and drainage projects, tunnels, bridges, sewage system, water reservoirs and the likes. Many factors such as fire, thunderbolt, explosion, flood, water overflow, storms, earthquakes, subsidence, landslide, theft, improper design, bad workmanship, lack of skill, negligence, acts of bad intention or mistakes of persons lead to damages of structures, which will risk the health and welfare of society, too.
In addition to the above coverage, building damages, physical and financial damages against third parties, and moving waters are also insurable. After handing over to the principal, the guarantee or maintenance periods are also covered for the purpose of fulfilling contractual obligations.
This company can cover all projects in Iranian geographical position for All risks and other policies .