This policy provides comprehensive coverage for damages arising from construction and installation works, in addition to covering the insured’s legal liability toward third parties, including both property damage and bodily injury that may occur during project execution.
Contractors' All Risks Insurance
Contractors' All Risks Insurance
This policy provides comprehensive coverage for damages arising from construction and installation works, in addition to covering the insured’s legal liability toward third parties, including both property damage and bodily injury that may occur during project execution.
Why is this insurance important?
Contractors’ All Risks and Erection All Risks Insurance protects you from unexpected material losses and liabilities during project execution, ensuring peace of mind and uninterrupted progress of work.
Scope of Coverage:
- Direct Physical Damage: Comprehensive coverage for damage that may affect construction or installation works due to insured perils such as fire, explosion, or sudden accidental events during execution.
- Equipment and Materials: Protection for materials and equipment located at the project site from damage or loss caused by insured risks.