Coverholder at LLOYD`S

Construction Technical Supervisor‘s Compulsory Third Party Liability Insurance

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Construction Technical Supervisor Insurance provides financial protection for companies or individuals, performing technical supervision of construction, where the recipient (your customer) makes a claim on the  improper services rendered or financial losses that the customer had been imposed due to the services provided by you. This insurance is regulated by the compulsory insurance regulations approved by the Bank of Lithuania.

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Description

Claim examples

 

  • Customer made a claim to the construction technical supervisor for the contractor used other materials than those specified in the construction documentation.
  • Customer made a claim to the construction technical supervisor for the contractor carried out works beyond the limits of the project and without a prior consent of construction project authors.

Advantages

 

  • Highly competitive insurance premiums
  • Short, simple questionnaire required in order to get a quote
  • Operative risk assessment and policy issuance
  • Large limits of indemnity available
  • Highest financial reliability – Lloyd‘s of London