Liga Asuransi – The following article summarizes the discussion from the video delivered by Taufik Arifin. Taufik Arifin, or with the full name Mhd. Taufik Arifin ANZIIF (Snr. Assoc) CIIB, is the CEO of L&G Insurance Broker. In the video, Taufik provides a comprehensive explanation of the importance of construction insurance to protect your project from various risks.
What is Construction Insurance?
Construction insurance, or better known by the name Construction All Risk (CAR) Insurance, designed to provide comprehensive protection against risks that may arise during project implementation. This policy includes protection against physical damage to the project and legal liability to third parties due to accidents that occur during construction.
For example, imagine a multi-storey building construction project. If a work accident or natural disaster damages the structure being built, this insurance will cover repair and compensation costs. This provides peace of mind for contractors, project owners and all related parties.
Benefits of Using Construction Insurance
Using construction insurance provides various benefits, including:
- Comprehensive Protection: Protects projects from various risks, including damage due to natural disasters, fire, or work accidents.
- Reducing Financial Burden: With insurance, the burden of repair or compensation costs can be minimized, so that project cash flow is maintained.
- Regulatory Compliance: Many projects, especially those involving the government or large investors, require construction insurance as a condition of implementation.
- Legal Protection: This insurance also covers legal liability towards third parties, so you avoid potential detrimental claims.
Why You Should Know More?
Even though the benefits are clear, many are still confused about the details of the policy, such as what is covered and how the claims process works. The video presented by Taufik Arifin discusses this in depth. You will get a complete explanation of the types of construction insurance, case studies, and tips on choosing a policy that suits your project needs.
Don’t Miss This Important Informational Video!
Watching the video is a great first step to understanding how construction insurance works and how it can benefit you. In this video, Taufik also answers frequently asked questions, such as:
- What is the difference between CAR Insurance and Erection All Risk (EAR) Insurance?
- What is the effective claim submission process?
- What things should you pay attention to when reading an insurance policy?
With the right information, you can make better decisions to protect your projects from unwanted risks.
Conclusion
Construction insurance is an investment that not only protects your project, but also provides peace of mind. With the various benefits on offer, there is no reason not to take advantage of it. Make sure you understand every detail of the policy and choose the right product.
Want to know more? Watch videos from Taufik Arifin now and get complete insight into construction insurance. Don’t miss this opportunity to better protect your projects!
For all your insurance needs, Contact L&G Insurance Brokers Today!
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Don’t waste your time and secure your finances and business with the right insurance.
HOTLINE L&G 24 JAM: 0811-8507-773 (CALL – WHATSAPP – SMS)
website: lngrisk.co.id
Email: customer.support@lngrisk.co.id
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