- Contractor’s All Risk Insurance.
Contractors’ all risks (CAR) insurance is a non-standard insurance policy that provides coverage for property damage and third-party injury or damage claims, the two primary types of risks on construction projects. Damage to property can include improper construction of structures, damage that happens during a renovation and damage to temporary work erected on-site. Third parties, including subcontractors, may also become injured while working at the construction site.
- Erection All Risks Insurance.
This policy offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind, as well as third-party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project.
- Contractor’s Plant and Machinery Insurance.
Contractor’s Plant and Machinery Insurance policy has been designed to provide a cover on an annual basis to a contractor who may be using his plant and machinery at different projects. The cover under a CPM policy is not limited to a specific project site and is operative at all sites wherever the plant and machinery is in use and even while the same is lying at the contractor’s own premises.
- Machinery Breakdown insurance.
Machinery Breakdown insurance provides industry effective insurance cover for expensive plant, machinery and mechanical equipment. This insurance is important for everyone who operates the machines.