The Property insurance policy provides all-risk property coverage for direct physical loss or damage to real and personal property of operational facilities and, under a builder’s risk policy, for the construction and testing of new facilities and upgrading existing facilities.

Property products, operational and construction policies available for utilities, IPPs, and alternative energy facilities.

Worldwide coverage available for AEGIS members based in the US and Canada.

AEGIS’s capacity is US $225 million for operational and construction risks plus additional capacity that may be available from our expanded property consortium. Full US limit available and non-cancelable for construction projects up to five years. Periods longer than five years also available for specific projects.

Property program credits available for eligible policyholders.

Time element coverages available for operational facilities as well as for those under construction.

All-risk for real and personal property, including:

  • Machinery breakdown
  • Earthquake, flood and windstorm
  • Property in the course of construction
  • Demolition and increased cost of construction
  • Business interruption
  • Extra expense
  • Hot testing
  • Contingent business interruption
  • Contingent extra expense
  • Utility interruption
  • Delay in start-up
  • Expediting expense
  • Inland transit
  • Debris removal
  • Automatic coverage for newly acquired property (up to 90 days)
  • Pollution cleanup and removal
  • Coverage is provided on a replacement cost basis
  • Actual loss sustained for business interruption

Coverages may vary by policy. Sublimits may apply.

For US members, AEGIS policies will be issued on a surplus line basis. For Canadian members, AEGIS policies will be issued on a Canadian licensed basis through AEGIS Canada™.

Please login to see Sample Policies, Endorsements and Applications.