![Contractors All Risk Insurance Policy
Policy](/images/default-source/commercial-insurance/all-commercial-1920x720.jpg")
A construction site is susceptible to all sorts of Accidents. Losses can mount from pilferage, theft, damage, legal claims and more.
As a contractor we understand the need to ensure completion within the deadlines. To this end HDFC ERGO has the Contractor’s All Risk Insurance policy that covers the risks during construction, comprehensively. It includes physical loss or damage to property, plant, machinery and tools, works brought on to the site and temporary works erected on-site, as well as third party Liability related to work conducted on the site.
The policy is designed to cover civil engineering projects such as buildings, roads, airports, flyovers, water tanks, sewage treatment plants, etc.
Coverage can be extended to include the interest of suppliers/manufacturers, contractors and Subcontractors.
Unless specifically excluded, this “all risk” insurance covers Accidental physical loss Read More...
Loss or damage due to willful misconduct
Cessation of work, whether total or partial, and delay
Damage due to faulty design
Rectification of defective material and/or workmanship, inventory losses, etc.
Deductible as stipulated in the tariff
This depends on the type of project, Sum Insured and duration of the project, and the voluntary excess opted for by the Insured. The premium can be paid in installments, when the policy period is more than 12 months.
This depends on the type of project, Sum Insured and duration of the project, and the voluntary excess opted by the Insured. The premium can be paid in installments, when the policy period is more than 12 months.
The policy is subject to a compulsory excess and Excesses under the policy depend on the type of construction work to be carried out.
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Catering customer needs
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Unless specifically excluded, this “all risk” insurance covers Accidental physical loss or damage to contract works during the execution of a civil engineering project. Coverage begins from the commencement of work or after unloading of the first consignment at the project site, whichever is earlier, and terminates on handing over of the works to the principal or on expiry of the policy, whichever is earlier.
Car Insurance 
Bike/Two Wheeler Insurance 
Health Insurance 
Pet Insurance
Travel Insurance 
Home Insurance 
Cyber Insurance 
Third Party Vehicle Ins. 
Tractor Insurance 
Goods Carrying Vehicle Ins. 
Passenger Carrying Vehicle Ins. 
Compulsory Personal Accident Insurance 
Travel Insurance 
Rural 
Critical illness Insurance 
