What we can do for you

Sasria offers construction risk cover against loss or damage to a construction site, plant and tools following incidents such a strikes, riots, public disorder and terrorism.

The construction risk cover can be either an annual policy or for a specific period, which can be longer or shorter than 12 months. Whenever the period of insurance of an underlying policy is extended and an additional premium is charged in terms of the underlying policy, an additional premium in terms of the Sasria SOC Ltd cover must also be charged, using the same method of calculation.

Under the construction risk, Sasria SOC Ltd has an annual limit of R500 million per any one contract. Where there are subcontractors involved in the contract, the aggregated limit increases to R550 million per insurance period.

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