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Financial advisory
RES5Financial Advisory Services✓Reading the covers by lifecycle, through which phases does a CAR/EAR policy insure the works before operational covers take over?
By lifecycle, CAR/EAR insure the works (Material Damage) and site liability during building or installation, extending through testing/commissioning and then the maintenance period, after which fire/property, machinery breakdown and boiler & pressure vessel covers protect the operating asset.
Cutting off CAR/EAR before testing/commissioning and maintenance, or extending it past handover into operation.
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