Contractors All Risks Insurance

The ‘Contractors All Risks Policy’ is a comprehensive insurance which provides complete protection for all types of civil engineering works against different types of construction risks such as fire, lightning, flood, storm, cyclone and other accidental damage incuding third party risks.

There are also various extensions available under the policy. The policy also provides cover against third party claims for injury/death and property damage. The policy covers testing and maintenance periods as well.

The sum insured should be the project value of the contract works, inclusive of all materials, wages, freights and customs duty, and materials or items supplied by the owner.