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Construction Contractor (Insurance)
"I need a Construction Contractor Insurance agreement for a large-scale commercial building project in Doha, Qatar, with specific coverage for professional indemnity and environmental risks, as well as extended maintenance coverage for 24 months after completion."
1. Parties: Identification of the insurer, contractor, and any other relevant parties including principal/employer
2. Background: Context of the insurance arrangement, reference to the main construction contract, and general purpose of the insurance coverage
3. Definitions: Detailed definitions of technical terms, including construction-specific and insurance-specific terminology
4. Scope of Coverage: Detailed description of insurance coverage, including types of risks covered and territorial limits
5. Policy Period: Duration of coverage, including provisions for extensions and renewal
6. Premium and Payment Terms: Premium amount, payment schedule, and consequences of non-payment
7. Contractor's Obligations: Specific duties of the contractor regarding insurance maintenance, notification of claims, and risk management
8. Claims Procedure: Process for making claims, including notification requirements and documentation
9. Exclusions: Specific risks and circumstances excluded from coverage
10. Limits of Liability: Maximum coverage amounts for different types of claims and aggregate limits
11. Termination: Circumstances and procedures for terminating the insurance coverage
12. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes
1. Professional Indemnity Insurance: Additional section for professional services coverage, required if contractor provides design or consulting services
2. Environmental Liability: Specific coverage for environmental risks, needed for projects with significant environmental impact
3. Terrorism Coverage: Additional coverage for terrorism-related risks, optional based on project location and requirements
4. Marine Transit Insurance: Coverage for materials and equipment during marine transport, needed if project involves overseas shipments
5. Extended Maintenance Coverage: Additional coverage during the maintenance period, optional based on project requirements
6. Cross-Liability Clause: Special provisions for multiple insured parties, needed for complex projects with multiple contractors
1. Schedule 1 - Project Details: Specific details of the construction project being insured
2. Schedule 2 - Premium Schedule: Detailed breakdown of premium calculations and payment schedule
3. Schedule 3 - Coverage Limits: Detailed tables of coverage limits for different types of risks
4. Schedule 4 - Excluded Activities: Detailed list of activities and risks specifically excluded from coverage
5. Schedule 5 - Claims Documentation Requirements: List of required documents and procedures for making claims
6. Schedule 6 - Risk Management Requirements: Specific risk management procedures required by the insurer
7. Appendix A - Insurance Certificates: Copies of all relevant insurance certificates
8. Appendix B - Risk Assessment Report: Initial risk assessment report for the project
Authors
Construction
Infrastructure Development
Real Estate Development
Oil and Gas Construction
Commercial Building
Industrial Construction
Residential Development
Public Works
Energy Infrastructure
Transportation Infrastructure
Legal
Risk Management
Operations
Finance
Procurement
Health and Safety
Compliance
Project Management
Construction Operations
Insurance
Claims Management
Technical Services
Contract Administration
Construction Manager
Project Director
Risk Manager
Insurance Manager
Contract Administrator
Legal Counsel
Chief Financial Officer
Operations Director
Health and Safety Manager
Compliance Officer
Project Manager
Construction Site Supervisor
Procurement Manager
Claims Manager
Technical Director
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