Contractor All Risk Insurance

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Contractors All Risks Insurance

What is Contractors All Risks Insurance?

This is an “all risks” cover available to contractors that will offer protection against physical damage or loss during the construction of buildings and other projects such as residential buildings, office buildings, factories, power plants, bridges, dams, roads among others.  It includes coverage of physical damage to the project, equipment and machinery and liability for third-party bodily injury or property damage arising out of these operations.

1. Costs of all materials and all temporary and permanent works.

2. Principal’s existing property

3. Contractors’ plant, equipment, and machinery at the project site,

4. Reasonable costs for removing debris

5. Loss or damage to third parties arising from the execution of the project

Proposal Form

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Claim Form

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Notification of Loss or Damage

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FAQ

What is the Claims Documentation Required?

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