This is a suitable type of cover for construction of commercial buildings, private dwelling houses, roads, dams and all other civil constructions
The policy covers loss of or damage to the insured property from any cause which is not specifically excluded whilst on the Contract Site.
It covers the following:-
- Permanent works
- Temporary works and buildings
- Contractors’ plant, tools and equipment
- Third party liabilities (Death/Injury and Property damage)
It should be noted that the suitable type of cover for private dwelling houses under construction is Contractors’ All Risks, NOT Houseowners insurance.
