Contractors All Risk (CAR) policy is a comprehensive insurance solution designed to covers a broad spectrum of risks to which a civil construction project is exposed to from arrival of construction material at site till the completion of project.

This policy is especially designed keeping in mind contractors, consulting engineers, architects and financiers and insurers against unforeseen accidents.

BASIC COVERS

Fire/Explosion/Impact Damage/Collapse.
Storm/Tempest/Flood Inundation/Subsidence and Landslide.
Riot/Strike/Malicious Damage/Burglary/Theft.
Electrical/Mechanical Breakdown

ADD ON COVERS

Owners' Surrounding Property
Removal of Debris
Earthquake/Terrorism
Escalation
Design Defect Cover
Breakage of Glass
Additional Customs Duty
Air-Freight
Express freight, Overtime charges, Holiday wages etc.
Contractors' Plant & Machinery (upto 5% of CAR SI or Rs 25 lakhs whichever is lower)
Third Party Liability
Free Issue of Materials issued by Principal.
Construction equipment like scaffolding, shuttering materials
Maintenance Visit or Extended Maintenance
Cover for insured contract works taken over or put into service.