Archive for the ‘Comprehensive Project (CPI)’ Category

CPI – Comprehensive Project Insurance

On the basis of a combined contractors' all risks and erection all risks insurance, the CP insurance policy provides comprehensive and risk-commensurate insurance protection for all projects involving the construction and erection of buildings, machine installations, plants, and steel structures throughout the project phase. The scope of cover is of very broad design modelled on the CAR and EAR insurance policies customary in international insurance markets. ... Full story

Comprehensive Project Insurance – Wordings & Clauses (download here)

Comprehensive Project Insurance   CPI Policy Comprehensive Project Insurance   ·         CPI Clauses   Special insurance covers     1200 Strike, riot and civil commotion 1201 Extra costs for airfreight 1202 Property insured taken into use or operation 1203 Liability consequent upon vibration, removal or weakening of support 1204 Guarantee maintenance 1205 Nuclear fuel elements 1206 Costs of decontamination 1207 Reactor pressure vessels with internals 1208 Costs for leak search 1209 Oil, gas and/or geothermal drilling rigs and equipment 1210 Delay in start-up following marine cargo   Full story

Wordings & Clauses – download here

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