Contractors All Risk

Contractors All Risk Insurance is one of the main forms of construction insurance that has been developed to meet the changing needs of the construction industry.When new buildings or civil engineering projects such as roads or bridges are being constructed, a great deal of money is invested before the work is finished.

 

The essence of the cover is to bridge the gap when the building or bridge sustains severe damage and to prevent such loss or damage from prolonging the construction time schedule thereby delaying the eventual completion date.