Civil Engineering Completed Risk Insurance (CECR) is a type of insurance that protects civil engineering structures, such as bridges, roads, tunnels and dams, from damage after they are completed. This is also known as completed work insurance or upon completion insurance.
Civil insurance (CECR) usually covers loss or damage caused by:
1. Natural disasters: Such as earthquakes, floods, fires and hurricanes.
2. Accidental events: Such as vehicle collisions, plane crashes, and explosions.
3. Material defects: Such as cracks, leaks and collapse.
Civil insurance (CECR) can provide peace of mind for both owners and operators of civil engineering structures, as well as for those who use them. This can help protect against financial losses that can result from damage to the structure, as well as repair costs and business interruption.
Following are some of the main benefits of Civil insurance (CECR):
1. Financial protection: Civil insurance (CECR) can help protect you from th
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