The Contractor's All Risk cover offers protection against damage or destruction to a Contractor on:-

The Contract Works

The Contractor's Plant & Machinery

Material on Site

The various constructions may include:-  Buildings, Roads, Bridges, Dams and any other infrastructure


SCOPE OF COVER

The scope of cover also includes Fire & Perils, Burglary, Floods, Earthquake (commonly known as Acts of God), and unforseen and accidental damage to the property insured


EXTENSIONS AT ADDITIONAL PREMIUS

In addition, the policy extends to cover the Contractor's Liability to members of the Public (commonly known as Third Parties) for death, injuries or damage to their properties arising out of the Contractor's Negligence


A limited amount for removal of debris from site after successful completion of the project is also included


The cover also extends to include maintenance period as defined in the Terms of Contract


OTHER OPTIONAL COVERS AT ADDITIONAL PREMIUM

Breakage of Glass

Storage Risks at Fabricator's Workshop

Cover for surrounding property

Escalation Costs

Express Freight, Holiday and Overtime Rate for wages

Airfreight and additional custom duty

Maintenance Visits and Extended maintenance Cover


REQUIREMENTS

A duly completed proposal form

Insured's ID/Registration and PIN

Provide a copy of the terms of the Contract

Details of the Project


CLAIM PROCESS

Report incidence/claim as soon as the happening

Document the claim by providing the necessary documents i.e; Claim form duly completed, police abstract form, Records of works, etc


FURTHER DETAILS ON CONTRACTOR'S ALL RISK INSURANCE 

Please refer to our Policy Wording