Delay in Start Up Insurance (DSU)

Delay in Start Up Insurance provides coverage for the anticipated revenue generated from developing and executing infrastructure projects. A loss or delay in start up due to an unforeseen event affecting a critical piece of a plant and/or machinery can have a catastrophic effect on the timely completion of a project and impact the anticipated revenues.

• The primary function of Delay in Start Up Insurance is to insure the anticipated revenue generated from developing and executing infrastructure projects.
  
• Major projects require the reliable and timely delivery of key components. A loss or delay in start up due to an unforeseen event affecting a critical piece of the plant and/or machinery can have a catastrophic effect on the timely completion of a project; the result could negatively impact the anticipated revenue derived from the project.
• Our experts in Marine Risk understand the often complex issues that surround these types of risks and will review the available options by providing consultative risk management services.
• We have pioneered the merits of combining cargo coverage and Delay in Start Up Insurance into one seamless program.
• We also have an alternative to Delay In Start Up Insurance: Expediting/Extra Expense (EE) coverage.
  • EE funds can be used to expedite the manufacturing and shipment of a replacement part. We will work with you to identify the areas of your project that would benefit from EE coverage.
  • We will develop a Marine Cargo/EE policy that will reduce your risks and help get your project back on track if an incident should occur.
• Currently this Delay in Start Up Insurance solution is available to Canadian customers only.