Storage-cum-erection all-risk insurance

Russian translation: страхование от всех рисков / полное страхование на этапах от складирования материалов до сдачи...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Storage-cum-erection all-risk insurance
Russian translation:страхование от всех рисков / полное страхование на этапах от складирования материалов до сдачи...
Entered by: Oleg Lozinskiy

18:51 Sep 13, 2017
English to Russian translations [PRO]
Insurance
English term or phrase: Storage-cum-erection all-risk insurance
...Storage-cum-erection all-risk insurance
esperansa2016
Ukraine
страхование от всех рисков / полное страхование на этапах от складирования материалов до сдачи...
Explanation:
страхование от всех рисков/полное страхование на этапах от складирования материалов до сдачи объекта в эксплуатацию

Reliance Erection All Risks/Storage-cum-Erection Policy Coverage:

Section I – Material Damage

Cover for any unforeseen and sudden damage to the insured property during the following phases
Storage
Erection
Testing
Commissioning

Reimbursement of the cost of clearance and removal of debris due to any event giving rise to an admissible claim under the policy
Covers damage caused to the property insured by explosion or otherwise directly caused by:
An act of terrorism committed by a person or persons acting on behalf of or in connection with any organization
The action of any lawfully constituted authority in suppressing or attempting to suppress any such act referred to in (i) above or minimizing the consequences thereof.

Section II - Third Party Liability

This Section covers :

Covers accidental loss or damage caused to property of other person including property held in trust by or under custody of the Insured for which he is responsible. This would exclude any such property used in connection with erection.
Legal liability (excluding liability under contract) for fatal or non-fatal injury to any persons other than the Insured;s own employees, or employees of other firms connected with any other erection work, or members of the Insured;s family, directly consequent upon or solely due to the erection of any insured property.

Includes coverage of all costs and expenses of litigation recovered by any claimant from the Insured, and all costs and expenses incurred with the written consent of the company.
https://www.reliancegeneral.co.in/Insurance/Corporate/Engg/E...

Selected response from:

Oleg Lozinskiy
Russian Federation
Local time: 18:50
Grading comment
Спасибо
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1страхование от всех рисков / полное страхование на этапах от складирования материалов до сдачи...
Oleg Lozinskiy


  

Answers


30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
storage-cum-erection all-risk insurance
страхование от всех рисков / полное страхование на этапах от складирования материалов до сдачи...


Explanation:
страхование от всех рисков/полное страхование на этапах от складирования материалов до сдачи объекта в эксплуатацию

Reliance Erection All Risks/Storage-cum-Erection Policy Coverage:

Section I – Material Damage

Cover for any unforeseen and sudden damage to the insured property during the following phases
Storage
Erection
Testing
Commissioning

Reimbursement of the cost of clearance and removal of debris due to any event giving rise to an admissible claim under the policy
Covers damage caused to the property insured by explosion or otherwise directly caused by:
An act of terrorism committed by a person or persons acting on behalf of or in connection with any organization
The action of any lawfully constituted authority in suppressing or attempting to suppress any such act referred to in (i) above or minimizing the consequences thereof.

Section II - Third Party Liability

This Section covers :

Covers accidental loss or damage caused to property of other person including property held in trust by or under custody of the Insured for which he is responsible. This would exclude any such property used in connection with erection.
Legal liability (excluding liability under contract) for fatal or non-fatal injury to any persons other than the Insured;s own employees, or employees of other firms connected with any other erection work, or members of the Insured;s family, directly consequent upon or solely due to the erection of any insured property.

Includes coverage of all costs and expenses of litigation recovered by any claimant from the Insured, and all costs and expenses incurred with the written consent of the company.
https://www.reliancegeneral.co.in/Insurance/Corporate/Engg/E...



Oleg Lozinskiy
Russian Federation
Local time: 18:50
Native speaker of: Native in RussianRussian
PRO pts in category: 41
Grading comment
Спасибо

Peer comments on this answer (and responses from the answerer)
agree  Sergey Lev
23 mins
  -> Спасибо, Сергей!
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