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Contractors All Risk

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.

  • Extensions:

    • Removal of Debris expenses
    • Architects fees
    • Addition of Asset's Capital
    • Cover on Reinstatement Value (New for Old)
  • Pre-requirement

      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

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