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Product

Construction All Risk Insurance (CAR/EAR)

Mongolian Re JSC provides reinsurance services to cover the loss and damage caused to the property of the third party during the construction and the loss and damage to the construction object, supplies at the construction site, temporary employee shelter, and engineering network, due to the unforeseen accidents.

  1. The loss and damage to the construction object, supplies at the construction site
    Claims will be provided in case of damage to inventory, raw materials, equipment, etc. at the construction site due to insurance risk.

  2. Liability to third parties
    Claims will be provided in case of damage to the life, health and property of the third party due to intended and incidental action of the insured and workers during construction.

    Insurance coverage:
    • Fire risk, explosion
    • Natural disaster
    • Water, moisture risk