Contractor's All Risks
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CAR Insurance as it
is fondly called, provides an "All Risk" Cover. Every hazard which
is not specifically excluded is covered. This means that almost any
sudden and unforeseen loss or damage occurring during the period of
Insurance to the property Insured on the Construction/Erection Site
will be Indemnified, as well as Third Party Claims in respect to
Property Damage or bodily Injury arising in connection with the
execution of a project.
The EAR (Erection All Risk) which is Engineering in nature, covers
Test-Run which is not covered under CAR. EAR covers the mechanical
aspects of the Construction and Erection Works during the
Installation and Maintenance Periods under this policy.
As brokers of International repute, competitive rates and bearable
Excess/Deductible would be sought for our clients.