INTRODUCTION

Contractors All Risk Insurance (CAR) is designed to protect contractors or the property owners against losses during contractual works It provides protection against loss or damage to contract works at contract sites and/or third party claims arising out of the performance of a contract

PRINCIPAL EXCLUSIONS

• Willful act or willful negligence of the Insured or of his representatives
• Cessation of work whether total or partial.
• The deductibles stated in the Policy.
• Consequential loss of any kind.
• Loss or damage due to faulty design
• Damage caused by vibration or by the removal or weakening of support.

NOTE: The above is intended as a general summary only. The specific terms exclusions and conditions applicable to this insurance are described in the policy.

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