Covered causes are indicatively:
- Fire
- Mountain
- Flood
- Flooding
- Settlement
- Storm
And covers for:
- Material damage to the project itself
- Defective liability towards third parties from any cause
- Employer liability
Indicative table
Coverage |
Notes |
Strikes, riots, civil unrest |
|
Acts of terrorism |
Maximum limit of liability for compensation 25% of the value of the contractual works per event causing damage and cumulatively for the entire duration of the works |
Cross liability (cross liability) |
|
Extensive maintenance |
2 months |
Guarantee for construction in earthquake-prone areas |
|
Coverage of trial operation of machinery and installations |
2 weeks |
Construction materials |
10 days |
Construction sites, equipment, machinery |
|
Coverage of incorrect design |
Concerns only new Civil Engineering works |
Manufacturer's risk cover
|
Electromechanical equipment only |
Fire protection measures |
Maximum value per storage unit 15% of the value of the contractual work |
Construction camps and warehouses |
Limit of indemnity per incident 15% of the value of the contractual work for site camps or for each independent storage unit |
Underground wiring, piping, installations and networks |
|
Exclusion of harvests, forests, crops and antiquities |
|
Safety measures for flooding and flooding |
|
Third party civil liability
All Risks Piraeus Insurance for Photovoltaic Systems during the assembly and installation stage covers you for any amount you have to pay as compensation if you are legally liable for third-party bodily injury or loss/damage to third-party property due to an accident relating to the assembly of the system.
Employer liability
All Risks Piraeus Insurance for Photovoltaic Systems during the assembly and installation stage covers you for civil liability against your salaried employees, in accordance with Articles 657, 658 & 932 of the Greek Civil Code. Employer liability may arise from an occupational accident during the performance of works on the project or the work itself which is due to your negligence, excluding any other public body.