
As a sustainable financial power that has always invested in people, HDY Insurance has always acted with the knowledge that a happy customer means a strong HDY Insurance. Without forgetting environmental awareness, HDY Insurance considers that less paper waste and less energy consumption means a more livable nature.
CONSTRUCTION ALLRISK INSURANCES
Construction All Risk Insurance is an insurance that provides financing for the losses that newly constructed buildings may incur as a result of the events they may face during the construction period.
It is a type of insurance that covers all sudden and unexpected damages that occur on the construction site and are not excluded on the policy.
Mandatory Guarantees
-All kinds of natural disasters (lightning, thunderstorm, earthquake, frost, storm, waterlogging, flood)
-Fire
-Theft
-Sabotage, aircraft collision
-Poor workmanship, incompetence, negligence, human errors, theft
Optional Guarantees
-Machinery, tools and equipment used for construction, temporary construction sheds and auxiliary structures,
-Legal liabilities to be incurred by the insured due to damages incurred by third parties,
-Costs of removal of debris as a result of damage,
-Transport and overtime wage increases made by means of serial vehicles other than aircraft required by the loss and damages as a result of any damage covered by the guarantee,
-Maintenance period starting after the completion or provisional acceptance of the construction.
