The Institutional Lender's View of Project Insurance Issuesby Timothy D. Jaroch, McDermott, Will & Emery, Boston, MA, USA,
Jacques P. Fiechter, McDermott, Will & Emery, Boston, MA, USA,
Abstract: The purposes of this article are to describe the typical insurance requirements of project financing institutions (particularly for projects with an insurable value of less than 20 million) and to outline some of the issues regarding application of insurance proceeds. Subjects covered include types and levels of coverage, construction insurance, and others.
Subject Headings: Insurance | Hydro power | Financing | Value engineering | Industrial facilities | Power plants
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