Contractors All Risk

Contractors All Risk

  • Material Damage: Loss of or damage to the property insured including debris removal, dismantling or demolishing, propping and. Or shoring up following loss or destruction of the subject of indemnity
  • Third Party Liability: Indemnify against all sums which is insured shall be legally liable to pay as damages and legal costs recoverable by any claimant against;
    • Accidental Bodily injury to any person
  • Policy that covers all risks associated normally with a construction project.
  • An insurance policy that provides coverage for both damage to a property and third-party injury or damage claims

    The main purpose of the work being carried out is the construction of buildings or other structures. This includes building related trades such as roofing foundations and repair/alteration work.
  • Associated plant and machinery work is included in the  policy (e.g. lifts or boiler installations as part of new building construction).

Benefits

Third Party Liability: Indemnify against all sums which is insured shall be legally liable to pay as damages and legal costs recoverable by any claimant against;
  • Accidental bodily injury to any person

Features

  • Associated plant and machinery work is included in the  policy (e.g. lifts or boiler installations as part of new building construction).

FAQS

1. What is material damage?  Loss of or damage to the property insured including debris removal, dismantling or demolishing, propping and or shoring up following loss or destruction of the subject of indemnity. 2. Is premium paid at the time of claim? No. Premium is paid at inception of cover.