The International Association of Engineering Insurers

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Examples of Standard Policies and Clauses

MRe CEAR insurance policy

MRe CEAR Clauses overview

14001 Strike, Riot and Civil Commotion

14003 Visits Maintenance Cover

14004 Extended Maintenance Cover

14005 Costruction and-or Erection Time Schedule

14006 Expediting Expenses

14007 Plans Documents and Data

14008 Structures in Earthquake Zones

14009 Earthquake – Exclusion

14010 Flood or Inundation – Exclusion

14011 Serial Losses

14012 Storm – Exclusion

14013 Off-Site Storage

14014 Outright Defects Exclusion

14016 Betterment Exclusion

14017 Marine 50-50 Loss Sharing

14018 Professional Fees

14019 Radioactive Substances

14020 Multiple Insured Clause

14021 Plant Machinery and Equipment

14101Tunnels, Galleries and Underground Structures – LEG Tunnel Works Clause

14102 Underground Services

14103 Crops Forests and Cultures

14104 Dams and Water Reservoirs

14106 Section Lengths

14110 Loss Prevention in Respect of Flood and Inundation

14112 Fire Protection

14113 Inland TRansit

14115 Defective Part Only Exclusion

14116 Insured Contract Works Taken Over or Put Into Service

14117 Property Insured Taken Into Use or Operation

14118 Wet Risks

14119 Property belonging to or held in the Care Custody or Control of the Insured

14120 Liability consequent upon Vibration, Removal or Weakening of Support

14121 Piling, Foundation and Retaining Wall Construction Work

14201 Guarantee Maintenance Cover

14204 Hydrocarbon Processing Industries 1

14205 Hydrocarbon Processing Industries 2

14217 Open Trenches, Pipes, Cables and Ducts

14218 Costs for Leak Search

14219 Directional Drilling – Conditions

14222 Directional Drilling – Exclusion

1208 Costs for leak search

Description of Comprehensive Project insurance CPI

CPI Policy

1200 Strike, riot and civil commotion

1201 Extra costs for airfreight

1202 Property insured taken into use or operation

1203 Liability consequent upon vibration, removal or weakening of support

1204 Guarantee maintenance 1205 Nuclear fuel elements 1206 Costs of decontamination

1207 Reactor pressure vessels with internals

1209 Oil, gas and:or geothermal drilling rigs and equipment

1210 Delay in start-up following marine cargo

1230 Earthquake

1231 Flood or inundation

1232 Windstorm

1233 Crops, forests and cultures

1234 Dams and water reservoirs

1235 Removal of debris

1236 Directional drilling

1237 Drilling rigs and equipment

1238 Piling, foundation and retaining wall construction work

1239 Outright defects exclusion

1240 Outright faulty design exclusion

1241 Defective part only exclusion

1242 Tunnels, galleries and underground structures

1243 Normal action of the sea

1244 Marine and off-shore work

1245 Hydrocarbon processing industries 1

1246 Hydrocarbon processing industries 2

1247 Limited cover during the defects liability period

1248 Section lengths

1249 Betterment

1250 Exclusion during the defects liability period

1260 Contract time schedule

1261 Structures in earthquake zones

1262 Underground services

1263 Fire protection

1264 Open trenches, pipes, cables and ducts

1265 Loss prevention in respect of flood and inundation

1266 Directional drilling

1267 Serial losses

1268 Erection of storage tanks

1269 Marine 50:50 loss sharing

1270 Flue gas purification plants