Renewable Energy Insurance

Renewable Energy Insurance from SPRIG Insurance Pty Ltd (SPRIG Insurance) helps developers provide a stable foundation for encouraging investment in and development of, renewable energy projects. Through Renewable Energy insurance, developers can be assured of managing the numerous challenges, including delays, breakdowns and income instabilities that can arise through the many phases of the project.

 

Policy Benefits:

  • Worldwide solution with the largest capacity for any one project or phase
  • Single source warranty management for all claims
  • Individually tailored risks
  • Competitive premiums
  • Easy pay installment plans

  

Policy Covers:

  • Transit including ocean and inland transit
  • Marine delay on start-up
  • Physical damage
  • Machinery and electrical breakdown
  • Business interruption
  • Seasonal increases
  • Temporary protection
  • Advanced loss of profits
  • Testing and commissioning
  • Pre-handover operational
  • Third party liability
  • Employer’s liability 

 

Optional Extensions:

 

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