Specially designed to protect the interest of civil contractors against the damage to or destruction of various civil engineering projects (like dwellings, office,
hospitals, tunnels, cannels etc).
These projects includes accidental damage to civil Construction works, contractor's plants & machinery at the construction site and damage / defects during the
subsequent period of maintenance for which the contractors is liable under the terms of the agreement between the contractors and the principle.
Scope of coverContractors all risk Policy covers the risk of accidental physical loss or damage in respect of the contract works, during the execution
of a civil project. CAR insurance provides an ‘all risk ‘cover. All perils are covered unless specifically excluded.
Cover incepts from the commencement of work or after unloading of first consignment at project site, whichever is earlier and terminates on handing over of works
to the principal or expiry of policy, whichever is earlier.
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