Any unforeseen incidents can happen in the construction industry. The Contractor’s All Risks Insurance provides an all risks cover during the construction period for contract works against loss or damage to property, third party liability for accidental bodily injury or property damage in connection with performance of the contract.
This policy is designed to help developers, principals and contractors to better manage their construction risk and exposures.
The policy provides coverages against:
Fire, Lightning, Explosion, Impact of Landborne or Waterborne Vehicles
Impact of Aircraft and Other Aerial Devices or Articles Dropped Therefrom
Subsidence, Landslide, Rockslide or Any Other Earth Movement
Flood or Inundation, Wave Action or Water
Storm
Earthquake, Volcanism, Tsunami
Vandalism of Single Persons
Frost, Avalanche, Ice
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