Coverage is provided on “All Risks” basis to cover the projects mainly for construction against the following:
To indemnify the insured for unforeseen and sudden physical loss or damage to the contract works or equipments being erected (as part of the construction works) from any cause other than those specifically excluded, necessitating repair or replacement.
To indemnify the insured for accidental bodily injury, illness or death to third parties and loss of or damage to third party properties occurring in connection with the construction or erection works covered under Section 1 of the policy.
Indemnity to include all costs and expenses of litigation recovered by any claimant and or incurred with the written consent of insurers.
The policy can be extended to provide many extensions to the main policy to complement the basic coverage mentioned above. Our experts on this line of business will be happy to assist you.