Contractor’s All Risk

Benefits of Contractor’s All Risk

• Material Damage – Any loss, damage or destruction of property incurred due to any cause other than those excluded in the policy are covered.
• Third-party Liability – This cover
  • Legal liability related to accidental damage or loss caused to the property of third-person
  • Legal liability for non-fatal and fatal injuries caused to third-person due to construction of the property
  • Perils that are covered under contractors all risk policies
    • Fire and allied perils
    • Collapse
    • Earthquake, shock and fire
    • Faults in construction
    • Storm, flood, cyclone, tempest
    • Negligence and human errors
    • Water damage