Contractor all risk insurance is a comprehensive insurance policy primarily designed to provide financial protection against construction-related risks. Let us assume a scenario in which ‘XYZ’ builder is constructing a high-rise building. Heavy storms hit during the middle of the construction period and damaged the project site, resulting in heavy repair costs and significant delays […]
Articles Tagged: Contractors All Risk Insurance
What is Construction Insurance?
Are you aware that more than 60 accidents have resulted in approximately 47 deaths and 35 injuries? It occurred on the civil project sites of four metro projects since 2013? Therefore, in face of the escalating number of accidents on project sites. It’s crucial to have safeguard through Construction All Risk Insurance. A construction site […]