Contractor’s All Risks Insurance is a comprehensive insurance policy specifically designed for contractors & builders to protect against the cost & liabilities arising from unforeseen losses to the building works, structures, etc. during the contract period.

Contractor’s All Risk Insurance covers civil construction projects above or below ground such as:
 Residential buildings  Bridges
 Office buildings  Airports
Hospitals Dams
Schools Weirs
Theatres Irrigation and drainage facilities
Roads Canals
Railways Ports

In addition, the following will also be covered:

 Preparatory work at the construction site such as site facilities, excavation & leveling work and temporary structures (e.g. access roads, diversion canals,    protective embankments, etc.)

 Any materials to be used in the construction work stored at the site

What is covered by the Contractor’s All Risks Insurance (CAR Policy)?

This is an ‘All Risk’ policy covering sudden and unforeseen physical damage to civil projects under construction insured by any cause or peril not specifically excluded under the policy. Important Perils which will be covered include:

 Fire and Allied Perils

 Flood, storm, tempest & cyclone

 Earthquake, fire & shock


 Water Damage for Wet Risks

 Faults in erection/ construction

 Human errors, negligence

Who are covered by the Contractor’s All Risks Insurance (CAR Policy)? All parties involved in any way in the construction may be insured:


 Firms commissioned to carry out the work, including subcontractors

 The purchaser or owner

 Parties financing the project