Contractor All Risks
What is Contractor / Erection All Risks Insurance?
This policy is designed to provide protection for contract works against loss or damage to property, third party liability for accidental bodily injury or property damage in connection with performance of the contract.
Section I – Material Damage
Covers loss of or damage to the materials during the contract period.
Section II – Third Party Liability
Covers third party liabilities for the accidental death or injury and accidental loss of physical property as a result of the performance of contract.