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Property & Construction Coverage Details Property & Construction Overview Empowering multinational businesses to enter the United States with peace of mind

Transcript of C o n s t r u c t io n P r o pe r t y & r o pe r t y & C o n s t r u c t io n -*++-/4 *)./-0 /$*)...

US Commercial Insurance

   Property & Construction

Property Construction

Primary and Excess Capability 

Worldwide coverage available including

Contingent and Interdependency Business

Interruption 

Property Damage and Business Interruption

including: Boiler and Machinery breakdown,

and Inland Marine and Terrorism coverage 

Extensions available include earth movement,

flood, and wind coverage

Coverage

Capabilities

Capacity

Covered Territory

Primary and Excess Capability  

Builders’ Risk and Installation (including

Transit and Storage)

Maintenance and Guarantee Coverages

Delay in start-up / ALOP - 

Contractor’s Equipment

Testing and Commissioning

Up to $450 Million  Up to $350 Million 

Filing in all 50 states plus Puerto Rico,

Guam & Saipan 

Filing in all 50 states plus Puerto Rico,

Guam & Saipan 

Coverage Details

Forms Property Select Form and ISO Form ISO Form

Property & Construction Overview

At AXA, we enable our clients to live better lives by protecting their business. Our team of US Property

insurance experts provides solutions that encourage businesses to face US risks head on.

Empowering multinational businesses to enter the United States with peace of mind

Property & Construction

    Target ClassesWe provide coverage for all types of businesses regardless of industry or size.

Some industry sectors of focus include:

Manufacturing Hospitality Renewable Energy

Retail Technology Defense

AXA US Property & Construction Product Overview

The United States is certainly a land of opportunity, however navigating through the emerging risks and exposures can be challenging. The AXA team is committed to helping our clients succeed.

Disclaimer: This communication is for preliminary informational or educational purposes only and is not intended to be a solicitation for the purchase of insurance on any US risk. The exact

coverage afforded by the products described herein is subject to and governed by the terms and conditions of each policy issued. This information may not be used in conjunction with or to modify

any policy that might be issued. The issuing company is AXA Insurance Company, NY, NY, licensed in all states. AXA Insurance Company is an indirect wholly-owned U.S. subsidiary of AXA S.A., a

French holding company for a group of international insurance companies.

For more information, visit ReverseFlow.axainsurancecompany.com or please contact: 

John Ivaliotis

Property Underwriting Manager

[email protected], +1 212.658.8742

Example 1:

A pipe burst at a retail store in Chicago, Illinois during an

extremely cold winter. Because the building and

merchandise were damaged, the business was forced to

close temporarily. Fortunately with AXA’s Property All Risk

coverage, the damage to the building was covered, as well

as the loss of income due to business interruption. 

Claims Examples

Example 2:

A steam boiler exploded at a production plant in Houston,

Texas causing a fire and damage to the production line

and surrounding equipment. With a Property policy,

damage to the plant’s building and machinery were

covered, as well as the expenses needed to expedite

deliveries to customers to avoid late shipments.