Contractor's All-Risk Insurance safeguards projects from hazards and unforeseen incidents, covering property damage and third-party lawsuits
What is All Risk Insurance?
The all risk insurance provided coverage against Property Damage, Liability Claims, Plant and Machinery, Delay in Project Completion
Coverages Provided
#1 Protection: insurance provides a safety net for contractors, protecting against financial losses from unanticipated occurrences or accidents in construction projects
Advantages of All Risk Insurance
#2 Risk Management - All Risk Insurance helps manage risks by offering coverage against liability claims, property damage, and project delays in the construction industry