Abstract
Construction projects are a complex and risky endeavor from start to finish. Construction work, by nature, is hazardous, and accidents are frequent and sometimes severe. The annual number of fatalities, personal injuries, and property damage in the construction industry is higher relative to most other industries. Parties therefore mostly turn to construction insurance policies to protect themselves against such risks and to help ensure that the benefits of undertaking a project are not outweighed by its potential costs.
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Surahyo, A. (2018). Construction Insurance and Construction Bonds. In: Understanding Construction Contracts. Springer, Cham. https://doi.org/10.1007/978-3-319-66685-3_10
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DOI: https://doi.org/10.1007/978-3-319-66685-3_10
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