Installation Insurance
Comprehensive protection during the assembly of your technical projects
As a manufacturer, supplier, or assembly company of technical equipment and machinery, you are responsible for ensuring the installation and trial operation run smoothly. It is precisely during these phases that the number of unforeseen risks is high. Installation insurance protects you against the financial consequences of such damage.
Benefits of this insurance
Protection covers from setting up the installation site to acceptance by the client.
We offer complete coverage against the financial consequences of damage to your installation equipment.
Third-party property not belonging to the installation object or equipment, on which the installation is carried out, is also insured.
We offer specific solutions for wind, solar, photovoltaic, bioenergy, geothermal, and storage projects.
What is covered
Installation and operating errors
Covers damage caused by clumsiness, negligence, operating errors, or improper handling during installation.
Design, material, or installation defects
Covers damage resulting from design, material, or installation process defects.
Fire, lightning, explosion, and force majeure
Covers damage caused by fire, lightning, explosion, and other force majeure events.
Theft and burglary
Protects the installation object and equipment against theft during the installation process.
What is not covered
Intent or gross negligence of the policyholder
Damage caused intentionally or through gross negligence of the insured is excluded.
War, seizure, and nuclear energy
Damage resulting from war, seizure, or nuclear energy is not covered by this policy.
Real claim examples
Installation defect in an industrial plant
A defect is found during the installation of a new production line, causing damage; the insurance covers the repair and associated losses.
Storm during the installation phase
A storm damages the installation equipment on site; the insurance covers the replacement of the affected equipment.
Frequently asked questions
What counts as an "installation object"?
This includes all types of constructions, machines, mechanical and electrical installations, and their associated spare parts.
When does coverage start and end?
Coverage starts with setting up the installation site and ends with acceptance by the client.
Can I add business interruption coverage?
Yes, an additional module is available that protects you against losses if an installation delay halts your business.
How is the sum insured calculated?
For the installation object, the final contract price plus client-supplied deliveries and services applies; for the installation equipment, the new replacement value applies.
Do you have an installation or assembly project?
Tell us the type of equipment, and we will help you design the right coverage.
Request free advice