Contractor's All Risk
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Contractor's All Risk

Contractors’ All Risk (CAR)

The Contractor’s All Risks Insurance is specially designed to cover engineering projects involving both constructions of the building and other civil engineering works that are being carried out. The Contractor’s All Risks Insurance provides coverage against any unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded.

Section I – Material Damage

  • Material damage to work under construction
  • Damage and loss to contractor’s plant, machinery and equipment

Section II – Third Party Liability

  • Accidental loss or damage to third party property and/or bodily injury arising in connection with the contract work.

The policy also provides coverage for the maintenance period.

 

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