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All Risks Construction Insurance
The purpose of all-risk construction insurance (ARC) is to cover all material damage caused to the final or temporary structure, such as collapse, fire, water damage, storm damage and theft of materials from the time they are deposited on the site.
All-risk site assembly and testing insurance is a contract designed to cover sites involving both the construction of a building and the installation of equipment, technical materials, installations and/or machinery that require an assembly and testing phase, followed by a period of commissioning on completion of the work. An example is the construction of a factory with a production line.
This construction insurance was made compulsory by law 75/15 of 8 December 1975 and decree 77-318 of 17 August 1977 for works of any kind with a value of at least CFAF 100 million.
This construction insurance was made compulsory by law 75/15 of 8 December 1975 and decree 77-318 of 17 August 1977 for works of any kind with a value of at least CFAF 100 million.
Credit/guarantee insurance
Credit insurance is a guarantee for companies of all sizes (VSEs, SMEs and large accounts) to cover unpaid debts.
It is a guarantee on commercial receivables against the risk of customer payment default.
It is a guarantee on commercial receivables against the risk of customer payment default.
A surety (or financial guarantee) is a signed commitment by a financial institution that allows you to cover your public or private beneficiaries in the event of contractual default or failure to comply with a legal obligation. Whatever your sector of activity, taking out bond insurance allows you to optimise your cash flow at a lower cost and to offer guarantees to your public or private beneficiaries.
Bid bonds, start-up advance bonds, performance bonds, etc. can be covered by insurance contracts.
Bid bonds, start-up advance bonds, performance bonds, etc. can be covered by insurance contracts.
Do you have any questions?
Our address:
Boulevard de la liberté,
Douala, Cameroun
Douala, Cameroun
Our address:
(+237) 233 43 05 01
(+237) 661 510 000
(+237) 661 510 000
Email:
info@elitiscameroun.com
reclamations@elitiscameroun.com
reclamations@elitiscameroun.com