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CAR POLICY (CONSTRUCTION ALL RISK INSURANCE (exists to insure buildings or…
CAR POLICY
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Perils Covered
- Fire and Allied Perils
- Earthquake, fire and shock
- Flood, storm
- Collapse
- Faults in construction
- Human errors
Additional Covers
- Damage to surrounding property of the contract work
- Construction equipment such as scaffolding and shuttering materials
- Maintenance cover
- Accidental loss or damage while carrying any rectification during maintenance period
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Company will not indemnify insured in respect of:
- Loss
- Damage/Liability
- Directly or indirectly
- Willful act or willful negligence of the Insured
- Cessation of work whether total or partial
- nuclear radiation
- nuclear reaction
- radioactive contamination
Caused by:
- Invasion
- civil war
- insurrection
- military
- Civil
commotion
- Municipal or Local Authority
- WAR
(whether war be declared or not)
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