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Engineering

Contractors All Risk

Contractors All Risk RISK COVERED The policy covers two sections: Section I - Material damage The policy covers physical losses, damages or destruction of property due to any cause other than those specifically excluded in the policy Section II - Third-party Liability. The policy covers the legal liability falling on the insured contractor as a result of physical injury or property damages suffered by a third party.

Risk Coverage

  • Section I - Material damage
  • Section II - Third-party Liability.

Extensions

  • Removal of debris expenses
  • Architects fees
  • Addition of assets capital
  • Cover on Reinstatement Value (New for Old)

Pre-requirements

  • Broker of Record
  • Commercial Registration
  • Wasel /National Address
  • VAT Certificate
  • Proposal Form
  • Copy of Contract Awarded
  • BAR Chart (Time schedule)
  • Site Plan Layout
  • Bill of Quantities
  • Detailed Scope of Work
  • List of Equipment
  • 3 years claim experience
  • A declaration letter if first time insurance

Forms to download