Engineering insurance

All risk assembly insurance

When all pieces fit

What is All risk assembly insurance?

All risk construction and assembly insurance offers you protection against losses or damage affecting the machinery or industrial plant during its assembly, both in works already carried out as well as those in progress.

Benefits of this insurance

Expert brokers

With specialised personnel in assembly insurance that will advise you when contracting and provide you with the best suited protection for your company.

Extensive covers

From conventional to assembly-related risks, as well as those originating from defects in materials or labour, and in general any accidental cause.

Complete protection

For damage sustained by the industrial plant or machinery during its assembly and any accidents caused during test runs.

Main coverage

Conventional risks

Conventional risks are those arising from fire, explosion, lightning, theft and burglary, fall of aircraft, vehicle collision and impacts.

Natural phenomena

This insurance guarantees damage caused by atmospheric and natural phenomena, such as hurricanes, snow, ice, thaw, rain, gale, floods, avalanches, earthquakes, volcanism or sea storms, provided that it is of extraordinary nature and takes place where the assembly is executed.

Risks inherent to assembly work

This insurance guarantees the coverage of damage caused by design errors, defects in the materials and labour during the assembly of the industrial plant and machinery, excluding own fault.

Optional coverage

We offer additional guarantees so you can tailor the insurance coverage to your specific needs:

Sundry expenses, among of which are included those arising from demolition and debris removal, overtime hours or urgent transportation
Sundry expenses, among of which are included those arising from demolition and debris removal, extinguishing fires, overtime hours or urgent transportation
Political or social events, such as strikes, mutinies or civil commotion
Terrorism
Extra-contractual civil liability of the insured parties.
Damage arising from test runs
Damage sustained to the assembly during the maintenance period agreed following its completion or its subsequent testing period
Alop coverage, protecting the advance loss of profits as a result of delayed commencement incidents covered in the insurance policy

FAQs

Who is this insurance for?

This insurance is aimed at assemblers, manufacturers, and owners of industrial plants and machinery.

Why do I need this insurance for my company?

To guarantee the coverage of any damage sustained to the industrial plant and machinery during its assembly process and tests, thus minimising the negative effects that these could lead to in the running of your business.

Why take out comprehensive assembly insurance with Plus Ultra Seguros?

Because we have extensive experience in offering these types of insurance policies and can offer you a broader perspective of the potential risks you should cover.

Personalised Customer Service

We are convinced that you deserve a quality service and we want to offer you a positive experience in all your dealings with us, therefore we intend to get to know you a little more with every contact and intend to exceed your expectations time and time again.

Flexibility

At Bonus Ultra Insurance, we know that every construction project has very specific characteristics. That's why we study your projects and offer you a made-to-measure insurance policy featuring the cover that best suits your business.

Complete protection

Carry out your assembly or construction activity safe in the knowledge that you are protected, thanks to the wide range of coverage included in your all risk assembly insurance.