It Includes:

Construction Insurance (CAR)
Machinery Breakdown (MBD)
Deterioration of Stock (DOS)
Electronic Equipment (EE)
Erection All Risk (EAR)
Boiler Insurance
Contractor’s Plant & Machinery
Employer’s Liability / Workmen’s Compensation
 
Construction Insurance:
 

Introduction:

A construction project is exposed to a wide range of risks during the period of construction. The main parties involved in a construction project are the principal and the contractor. They can protect their interests in a project by affecting Contractor’s All Risks Ins. (CAR).

Types of projects that can be insured:

All types of projects can be insured as building constructions, road, sewage projects, bridges, etc.

 Property covered under the policy:
 

1)The contract works.

2)Materials or items supplied by the principal.

3)Construction plant, equipment & machinery.

4)Third party bodily injury and/or property damage.
The Standard Cover:
 
All risks cover (other than exceptions as faulty design) including earthquake & flood.
 

 
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