Insurance in the construction industry is based on complex policies and construction insurance for TAMA 38 - doubly challenging, both due to the large number of parties involved: developers, local authorities, planners, consultants, contractors, subcontractors, and more, and due to apartment owners and tenants - who form an integral part of the project.
The articles were written by Itzick Simon - founder and CEO of the leading construction insurance agency, and the firm's staff members who have been involved in construction insurance for over 30 years, and specialize in urban renewal insurance in its many variations.
In the past two years, the agency has been ranked on the list of 70 influential people in the field of urban renewal by the Magdilim website.
Enjoyable reading.
Articles on urban renewal and urban development 38
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Examples of projects we have secured
The connection between urban renewal and the Iron Sword War
Nov 23, 2023
The war once again sharpened the non-existent gaps in Israel between the home front and the frontline, and in the following short article we will attempt to outline the important connection between urban renewal, military units, and national security.
Question and Answer – Does insurance for TAMA work also include home insurance and why is insurance for the existing structure not the same?
Nov 26, 2021
We own an apartment in Holon that is located in a building where work is being carried out according to TAMA 38. According to the tenants' contract, the developer was also supposed to take out building and third-party insurance.
Abandonment of the TAMA 38 reinforcement project in the middle of the works - the insurance implications
Apr 4, 2020
"The inexperienced developer who entered TAMA 38 that is bigger than him," cried the headline in Calcalist (February 2020), "Victims of TAMA 38: The tenants who have been living in a nightmare for 6 years," wrote Globes...
Recommendations for winter preparations in the TAMA 38 project and construction projects
Oct 11, 2017
The winter season is approaching and it is important that those "involved" in the TAMA 38 project - the tenants/guests as well as the contractors and their employees - are aware that the winter season may bring with it risks.
Protections for tenants in the TAMA 38 project - what (among other things) is important to demand from the developer
Jul 23, 2017
TAMA-38 projects, and to a large extent mainly TAMA 38 (1-3) – require significant potential protection for tenants in the event of damage - as part of the necessary requirements from the developer...
