EngineeringContractors 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