Contractor’s All Risk (C.A.R)

Contractor's All Risk (C.A.R)

The Basic Coverage of the Insurance Policy includes:

Loss or damage whilst the project or the worksite is under construction or loss of or damage to the building materials as a result of a sudden and
an unpredictable occurrence that is not excluded and takes place in the construction site

The Additional Coverage of the Insurance Policy includes:

▪ Equipment and facilities
▪ Construction machinery
▪ Existing buildings and other property
▪ Out of the worksite stored materials
▪ Legal liability in existing buildings and other property
▪ Loss or damage during the maintenance period
▪ Expenses relating to the removal of debris
▪ Additional expenses necessary for expediting the restoration process/repair
▪ Legal liability (Public liability) to third parties (with or without the responsibility of weakening neighboring foundations)