Global Construction: Protecting Your Operations Wherever and Whatever You are Building in the World
The globe is your marketplace and your projects range from a water remediation plant in Mississippi to a new airport in Egypt. Your quest for new opportunities, however, is tempered by your concerns for new global risk and unrest that could take the form of civil unrest, terrorist acts, natural disasters or even pandemics. Today very few countries are considered truly safe from these risks.
Clements Worldwide can help protect your investments and your employers from risks and liabilities that may be amplified in this new global environment. With a portfolio of options, Clements Worldwide can be your partner in customizing your insurance portfolio for the companies where you operate and your global workforce.
Portfolio of Insurance Solutions
Our portfolio of insurance solutions, underwritten by Lloyds of London or similar underwriters, is tailored to the unique needs of the construction industry includes, but is not limited to:
Comprehensive Solutions to Protect Your Employees
Group Health: Clements’ affordable group health plans allow organizations to provide employees with a variety of benefits, including deductible amount options, minimal out-of-pocket expense for medical costs, and access to a global network of healthcare professionals, with direct billing to 6,000 doctors and hospitals worldwide. An annual physical with a caregiver back in the U.S. is also included. Medical evacuation and repatriation is available with every policy.
Personal Accident: Provides your employees and beneficiaries with financial compensation in the unfortunate event of an accident during an international trip or living and working overseas. It offers 24 hour cover for Accidental Death and Dismemberment (AD&D), Disablement and pays for Medical Expense, Medical Evacuation and Repatriation. Personal Accident benefits are payable in addition to DBA or Workers Compensation benefits.
Group Life Insurance: Clements offers international Group Life Insurance to protect your employees’ beneficiaries against future financial burdens should an untimely loss occur, anywhere in the world. Clients are able to purchase coverage in amounts proportionate to annual salary and add coverage based on individual needs. Coverage is worldwide, including for individuals working in high-risk areas*. *Limits and restrictions apply.
Foreign Voluntary Workers' Compensation & Employer's Liability: Statutory benefits paid to an employee or qualified dependents or medical providers as a result of job-related injury or illness, regardless of employer’s negligence or responsibility for the injury or illness. Employers Liability is coverage for suits arising out work-related injury or illness, typically involving negligence or allegations of negligence by the employer.
War & Terrorism and Political Violence: Coverage extension can be added to several types of polices to protect personnel, assets and liabilities from the political violence risks such as civil unrest, war, riots, strikes, and acts of terrorism.
Defense Base Act Workers Compensation: Required insurance per FAR 52.228-3 for all federally funded public works contracts overseas (OCONUS). Provides contractually required protection for the contractor’s civilian employees for medical expenses, lost wages, disability, and or death, including War Hazard, arising from work related injury or occupational illness.
Kidnap and Ransom: Ensures financial assistance following a kidnapping, such as ransom demands, deployment of a crisis response team to manage the abduction and legal liabilities that may arise as a result of the kidnapping.
*Limits and restrictions apply. May require different types of policies.
Comprehensive Solutions to Protect Your Business
Directors & Officers Liability: Provides organizations, directors, officers and board members with the proper coverage in the event they are sued for alleged wrongful acts or negligence. It covers legal liabilities for alleged wrongful acts in their capacity as directors and officers and protects the personal finances of those board members that are exposed. Employment Practices liability is available with D&O to protect against suits from wrongful termination, discrimination, and harassment.
Commercial General Liability: Coverage indemnifies the cost of third party bodily injury and property damage as a result of your operations abroad including legal costs. The policy also covers aggregate products/completed operations liability.
Political Evacuation & Salary Continuation: Designed to protect international organizations and their staff from unforeseen financial consequences associated with the evacuation of personnel due to political instability or military confrontation.
Vehicle Fleet Insurance: Offers international car insurance, which includes comprehensive, collision, theft, physical damage including political violence, and excess liability coverage.
Crime insurance & Employee Benefits Liability: Designed to protect an organization from losses due to either employee dishonesty or third party fraud. The types of fraud can range broadly from employee theft; expense report fraud; forgery; funds transfer fraud to identity theft. Employee benefits liability also covers the liability of an employer for an error or omission in the administration of an employee benefit program.
Business Interruption: Designed to support an organization if income is disrupted long-term for a variety of reasons including political unrest, natural disaster, or other. This policy can support your property coverage and ensure that not only are the funds available to rebuild damaged assets, but if business is interrupted for a continuous period of time the organization can recover some of the lost income and remain a viable entity.
As your partner in mitigating international risk, Clements can develop a policy tailored to your organization’s needs specifically for the oil & gas industry. Call us today at +1.202.872.0060 or 800.872.0067 or email firstname.lastname@example.org