Contractor’s All Risks Insurance


The policy has two Sections to cater for all contingencies associated with Contract works.

Section I: Material Damage This Section covers loss or damage to contract works and other ancillary facilities on comprehensive basis.

Section II: Third Party Liability This Section covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract works.

The policy provides protection throughout the construction period followed by a 12-month maintenance period.

Loss of Profit following Machinery Breakdown.
This form of insurance provides cover against loss of gross profit following indefinable damage to machinery. In the majority of cases, the loss of gross profit arising from damage to machinery far exceeds the cost of repair or replacement.


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