Contractors all Risk Insurance
Covers sudden and unforeseen physical damages
Contractor’s All Risk insurance covers sudden and unforeseen physical damage to civil projects under construction insured by any cause or peril not specifically excluded under the policy.
What is covered under Contractors All Risk Insurance?
Contractors All Risk Insurance Covers the following:
a) Material Damage
provides coverage for the property lost, damaged or destroyed by any cause, other than those specifically excluded in the policy, necessitating replacement or repair.
b) Third Party Liability
Contractors All Risk Insurance provides coverage towards: