Contractor’s All Risk Insurance (CAR)
This policy is specially designed to protect the interests of contractors & principals in respect of civil engineering projects like construction of buildings.bridges, dams, canals, tunnels, roads, multi-storied buildings. Airports, metros, rapid transport system, highways etc. The policy provides an “all risk” Cover, subject to certain exclusions. The important causes/perils Covered Are:- Fire, Lightning, Explosion …