A Guide to Reliable Project Estimating: 11 Types of Construction Insurance and Bonds
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In this video, A Guide to Reliable Project Estimating: 11 Types of Construction Insurance and Bonds, covers the following topics:
Types of insurance for bids.
Table showing the type of insurance required by the bid document.
Bid Integrity Guarantee.
Workers' compensation insurance.
Compulsory life insurance.
Civil liability insurance for companies.
Professional liability insurance.
Civil liability for environmental pollution.
Insurance of commercial vehicles.
Contractors' Machinery and Equipment Insurance.
Contract performance guarantee.
Financial Advance Guarantee.
Advance and /or Collection Guarantee
Additional Client Required Clauses
This video examines and defines the various types of insurance that are regularly required in bid documents for construction and industrial installation projects. These policies are essential to protect all parties involved in the project, mitigate risks and provide financial protection in the event of unforeseen events.
It is important to note that specific requirements may vary depending on geographic location and local laws.
It is necessary to carefully review the bid documents and consult with legal counsel or an insurance broker to understand the specific requirements of the project and the jurisdiction in which the work will be performed.
Watch the videos :A Guide to Reliable Project Estimating.
Types of insurance for bids.
Table showing the type of insurance required by the bid document.
Bid Integrity Guarantee.
Workers' compensation insurance.
Compulsory life insurance.
Civil liability insurance for companies.
Professional liability insurance.
Civil liability for environmental pollution.
Insurance of commercial vehicles.
Contractors' Machinery and Equipment Insurance.
Contract performance guarantee.
Financial Advance Guarantee.
Advance and /or Collection Guarantee
Additional Client Required Clauses
This video examines and defines the various types of insurance that are regularly required in bid documents for construction and industrial installation projects. These policies are essential to protect all parties involved in the project, mitigate risks and provide financial protection in the event of unforeseen events.
It is important to note that specific requirements may vary depending on geographic location and local laws.
It is necessary to carefully review the bid documents and consult with legal counsel or an insurance broker to understand the specific requirements of the project and the jurisdiction in which the work will be performed.
Watch the videos :A Guide to Reliable Project Estimating.