MLchartDataset catalogue

Builders risk policy (BR)

Term · Insurance and risk management · MLC-T-INS-000627

A specialized property insurance policy that covers buildings and structures under construction, renovation, or repair. It protects the owner and contractors against physical loss or damage to the project, including materials, supplies, and equipment on site. Coverage typically begins on the project's start date and ends when the building is occupied or sold.

Table 1. Record
IdentifierMLC-T-INS-000627
FieldInsurance and risk management
SubjectCommercial Property
AbbreviationBR
Record as JSON 
{
  "id": "MLC-T-INS-000627",
  "term": "Builders risk policy (BR)",
  "field": "Insurance and risk management",
  "definition": "A specialized property insurance policy that covers buildings and structures under construction, renovation, or repair. It protects the owner and contractors against physical loss or damage to the project, including materials, supplies, and equipment on site. Coverage typically begins on the project's start date and ends when the building is occupied or sold.",
  "abbreviation": "BR",
  "subject": "Commercial Property",
  "url": "https://mlchart.com/terminology/insurance/builders-risk-policy-br/"
}

Record 390 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.