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Services

Decennial Liabilities

Material damage insurance which guarantees compensation for harm caused by faults and defects in buildings which compromise directly the mechanical resistance and the stability of the building.

This is direct Damage coverage, and not for liability coverage.

A deductible is normally established per loss, normally on the basis of a percentage of this amount, with a set minimum.

The Insured can upgrade the coverage, through paying an additional premium based on the new valuation of the building and on the length of time remaining until expiry of the policy coverage.