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Performance Insurance Case Studies

Performance Insurance Case Studies

AXA
Pages 15 Pages

Technology Performance Insurance provides a warranty backstop, protecting against equipment underperformance with up to 10-year coverage, including defective design and faulty workmanship, with policy limits up to USD 150M. It covers direct project protection, aiding in securing financing by insuring against technology failures that impact debt repayment, with commissioning and production coverage periods. Exclusions include pricing, feedstock, and maintenance risks.

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