In Russia there will be compulsory motor TPL insurance for builders

Nedvizhimost04-06-2007 Public Council Rosstroy discussed the concept of insurance to protect citizens and legal entities in their way. In fact, it is an analogue of compulsory civil liability motor for construction companies. Insurance should be a mandatory condition for receiving the developer permission to build and put into operation. About the bill so far, but its details are already visible. New for the Russian insurance until called "liability insurance involved in the construction process." The list of participants of the construction process include property developers, surveyors, architects, designers, those who perform construction work. As the insurance risks are considered errors in the engineering survey, the mismatch of project documentation requirements of technical regulations, the use of materials with hidden defects, etc. The period of insurance proposed to establish for a period from the beginning of construction until the end of three years from the date of issue and permit the facility to operate. During the construction of the same apartment buildings insurance period is not less than five years from the date of commissioning, said, "Insurance in Russia".