Architects, Surveyors and Consulting Engineers Fee (in excess of 3% of the claim amount), Standard Fire and Special Perils Policy (Material Damage)

On payment of additional premium the expenses incurred towards Architects, Surveyors and Consulting/Engineers for plans, specification tenders, quantities and services in connection with the superintendence of the reinstatement for the building, machinery, accessories and equipment insured under the policy up to 7.5% of the adjusted loss is covered. However, this does not include any cost in connection with the preparation of the insured’s claim or estimate of loss in the event of damage by insured perils.

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the expenses incurred towards Architects, Surveyors and Consulting/Engineers for plans, specification tenders, quantities and services in connection with the superintendence of the reinstatement for the building, machinery, accessories and equipment insured under the policy up to 3% of the adjusted loss is covered. However, this does not include any cost in connection with the preparation of the insured’s claim or estimate of loss in the event of damage by insured perils.

 

 

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