Builders Risk Policy

Builders Risk Policy,

What is The Definition of Builders Risk Policy?

  • Builders Risk Policy refers to Property insurance that covers property under construction. There is no standard form of threat from the manufacturer. Most construction hazard policies are written on land supply forms (not on commercial real estate forms). Insurance coverage is generally made for all hazards and generally applies not only to equipment on a construction site, but also to equipment that is on and off site. The construction company's due insurance can be taken on the basis of the amount filled in the declaration form. In both cases, the expected cost of completion of the plan is used as an insurance limit.

Literal Meanings of Builders Risk Policy

Builders:

Meanings of Builders:
  1. A person who makes things by putting parts or materials together.

Sentences of Builders
  1. Shipbuilder

Synonyms of Builders

architect, creator, establisher, designer, deviser, maker, constructor, contriver, fabricator, planner

Risk:

Meanings of Risk:
  1. Expose loss, damage or loss to anyone or anything of value.

  2. Conditions involved in exposure to hazards.

Sentences of Risk
  1. Disobeying the law is very dangerous

Synonyms of Risk

chance, peril, put in danger, put at risk, prospect, fear, gamble, bet, possibility, venture, endanger, gamble with, imperil, danger, threat, likelihood, jeopardize, wager, hazard, expose to danger, take a chance with, put in jeopardy

Policy:

Meanings of Policy:
  1. Adopted or proposed by the government, political party, company or individual in accordance with the Code of Conduct.

  2. Illegal lottery or numbers game.

Sentences of Policy
  1. Controversial economic policy management

Synonyms of Policy

blueprint, intentions, strategy, system, position, attitude, theory, stance, proposed action, notions, programme, plans, guidelines, line, scheme, code, approach, stratagem, schedule

Builders Risk Policy,

What is The Definition of Builders Risk Policy?

  1. Builders Risk Policy means: There is no single form of risk for the property insurance builder to protect the property under construction. Coverage is generally purchased for all hazards and generally applies not only to local soils, but also to soils migrating abroad and inland. The builder's liability can be taken on the basis of the amount filled in the insurance declaration form. In both cases, the estimated cost of completion of the plan is used as the insurance limit.

Literal Meanings of Builders Risk Policy

Builders:

Meanings of Builders:
  1. The person who makes something by putting parts or materials together.

Synonyms of Builders

wright

Risk:

Meanings of Risk:
  1. Risk management situation

  2. Expose someone or something valuable for loss, damage or loss.

Synonyms of Risk

put on the line, gamble (with), probability, menace

Policy:

Meanings of Policy:
  1. A code of conduct or practice adopted or proposed by an organization or individual.

Sentences of Policy
  1. I swear he has never been in politics in his life.

Synonyms of Policy

matter of course, custom, tack, pattern, rule, way, procedure, wont, practice, convention, routine, style, mode

Builders Risk Policy,

What is The Definition of Builders Risk Policy?

  • Property insurance to protect property under construction. There is no standard form of threat from the manufacturer. Most construction risk policies are written on land delivery forms (not commercial real estate forms). Insurance coverage is generally designed for all hazards and generally applies not only to equipment on the construction site, but also to equipment that is off-site and in transit. Builder's liability can be taken on the basis of insurance completed amount or declaration form. In both cases, the estimated cost of completion of the project is used as the insurance limit.

Literal Meanings of Builders Risk Policy

Risk:

Meanings of Risk:
  1. Risk exposure situation.

  2. Expose someone or something of value for harm, loss or damage.

Policy:

Sentences of Policy
  1. The government's controversial economic policy