The application process in case of having building permit:
- The construction contractor logs into the Balady Business Platform.
- The construction contractor searches for or selects the building permit for which they want to submit an insurance application.
- The construction contractor chooses the procedure to apply for insurance against hidden defects.
- The system displays the building permit data for which the insurance policy application will be submitted.
- The construction contractor reviews the license data and initiates the application.
-The system displays the basic insurance application data.
- A contractor follows up to navigate to the order data page.
- The construction contractor determines whether they are exempt from value-added tax or not.
- If the contractor selects yes, it is mandatory to add the tax certificate number.
- The contractor adds the details of the material costs and clicks next to proceed to the attachments page.
-The contractor adds the required attachments.
-The contractor submits the request after completing the mandatory data.
- The system sends the application data and license data to the insurance company.
- The insurance company completes the application review, and the application status is updated on the Balady platform.
- In the event of the insurance company's completion of the application, the contractor and the Balady platform are notified of the insurance policy fees and the payment link by ins.
- After the contractor pays the insurance fees, the insurance policy against hidden defects is issued, and the contractor is notified with the issued policy number.- The application process in case of having a Survey Report:
- The construction contractor logs into the Balady Business platform.
- The construction contractor accesses the construction services and selects the service to request insurance against hidden defects.
- The construction contractor enters the survey report number.
- The construction contractor enters the contact information for the construction contractor (contact mobile number).
- The system sends a message containing the verification code to the contact mobile number for verification.
- The construction contractor enters the verification code that he received.
- The construction contractor enters the contact details of the license owner (mobile number – email address).
- The system displays the data of the survey report for which an insurance document application will be submitted.
- The construction contractor reviews the survey report data and proceeds to the application data page.
- The construction contractor determines whether they are exempt from value-added tax or not.
- In case the contractor selects yes, it is mandatory to add the tax certificate number.
- The contractor adds the details of the material costs and clicks next to proceed to the attachments page.
- The contractor adds the required attachments.
-The contractor submits the request after completing the mandatory data.
- The system sends the application data and license data to the insurance company.
- The insurance company completes the application review, and the application status is updated on the Balady platform.
- In case the application is completed by the insurance company, the contractor and the Balady platform are notified of the insurance policy fee and the payment link.
-After the contractor pays the insurance fees, the insurance policy against hidden defects is issued, and the contractor is notified with the issued policy number.
1) A valid Survey Report or a valid Building Permit, and no insurance document has been issued for them previously.
2) Updated national address for the construction contractor.
