Construction and assembly risks insurance
Benefits for your company

What does construction and assembly risks insurance provide?

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Construction or assembly works - standard coverage
Construction site facilities or small construction equipment
Construction machinery
Existing and surrounding property
Employee property
Investor’s future profit (ALoP)
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You have great goals, unique talents and the courage to put your plans into action. The build-up phase also puts you in front of many new tasks, making time more precious than ever
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Because pressing issues such as financial planning, business registration, appointments with the tax consultant and the first measures to implement the business idea you take advantage of
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Allianz supports you exactly here: by choosing a suitable product for you, you have the peace of mind

Frequently asked questions about construction and assembly risks insurance

We have developed construction and assembly risk insurance for business entities from the sector of small, medium and large companies that want to protect a construction or assembly project against chance events, such as: execution errors, design errors, fire, explosion, burglary, natural disasters and third party actions.

The insurance is directed primarily at:

  • investors (principals),
  • contractors and subcontractors,
  • institutions financing construction or assembly investment projects.

The information necessary to conclude an insurance contract is determined at the risk analysis stage by the underwriter.

In order to conclude an insurance contract, we need, among others, the following details:

  • description of the contractor's experience and a list of the largest contracts of a similar nature completed in recent years (references welcome),
  • a copy of the construction contract(s) with an indication of the contract value,
  • a copy of the material and financial schedule,
  • design documentation including at least: description of the method of foundation works and ground conditions, description of works and technology of execution of works,
  • the exact place of work,
  • description of site security mechanisms,
  • list of construction machines (if they are to be covered by insurance),
  • description of existing property (if it is to be insured),
  • the contractor’s claims history (if available) for at least the last 3 years.

Valuation of the cost of insurance requires a professional risk assessment.

The price of insurance is determined individually depending on the scope of insurance, type of contract, level of complexity of works, place of work, experience and claims history of the contractor and other individual factors that affect the risk - we also take into account past claims.

The amount of deductible or deductible franchise is determined individually. It depends on factors taken into account in the risk assessment. For medium-size investment projects, the deductible with standard insurance coverage is usually about PLN 10,000.

In individual cases, we can set a different amount of deductible franchise – according to the level of risk.

We insure all kinds of construction and assembly investment projects, located both in Poland and abroad. 
You ensure your company with Allianz. You can focus on your business, customers and goals.
We'll do our best to help you handle all insurance-related issues – quickly and conveniently – online.
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In our archive you will find, among others, forms to help you submit an order, general T&Cs of insurance and documents related to investment funds.
This material is for informational purposes only, it is intended to provide a general outline of the nature and scope of the aforementioned insurance and does not constitute an offer within the definition of Article 66 § 1 of the Civil Code. The detailed scope and terms and conditions of the abovementioned insurance are regulated by the general terms and conditions of insurance with attachments (available in the Documents for Insurance tab), in which you will find provisions concerning, among others, premiums, scope of insurance, limitations and exclusions of liability of TUIR Allianz Polska S.A.  and the conditions of payouts and rules for calculating insurance benefits.