Coverholder at LLOYD`S
Colemont Statinio projektuotojo civilinės atsakomybės privalomasis draudimas

Construction Designer Compulsory Third Party Liability Insurance

Original price was: €1,00.Current price is: €0,00.

Construction Designer Insurance provides financial protection to companies or individuals, performing construction design, when 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 Construction Designer Compulsory Third Party Liability Insurance regulations No. 03-225 as of October 23, 2012, approved by the Board of the Bank of Lithuania.

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Description

Claim examples

 

  • Designers company received a claim from the customer, because of the too narrow diameter sewage system designed for the building. As it started to rain, water had nowhere to drain, so it flooded the premises.
  • Designers company received a claim from a customer, because they made improper calculations of the supporting beams and due to this the roof of the building collapsed.

Advantages

 

  • Competitive insurance premiums
  • Short questionnaire required in order to get a quote
  • Operative risk assessment and Insurance Policy issuance
  • Large limits of indemnity available
  • Highest financial reliability – Lloyd‘s of London

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