CONTRACTORS ALL RISK INSURANCE
CONTRACTORS ALL RISK INSURANCE
SCOPE OF COVER
This covers the risk associated with construction works, hence there are so many sections on this policy. It provides compensation for loss or damage to the contract or legal liability arising there from.
The major sections of the cover are:-
- Contract Works
- Plant and Machinery
- Debris Removal
- Professional Fees
- Public Liability
This policy could be issued on a per contract basis, that is, policy issued for each and every contract. However, we strongly advice your organization to arrange on open cover basis to reduce the cost of administration on your end.
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