Contractor’s All Risks Insurance covers unforeseen physical loss or damage in engineering projects involving both construction of the building and other civil engineering works that are being carried out.
Policy Cover:
Material Damage
Material damage to work under construction
Damage and loss to contractor’s plant, machinery and equipment
Third Party Liability: Accidental loss or damage to third party property and/or bodily injuryÂ
The policy also provides coverage for the maintenance period
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