Coverages in a Contractors All-Risk Insurance Policy [Infographic]
May 29, 2023
Qian
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Contractors All Risk Insurance Policy
![Coverages in a Contractors All-Risk Insurance Policy [Infographic]](https://www.qian.co.in/images/wp-content/uploads/2023/05/all-risk-insurance-policy-new.png)
Contents
A Contractors All Risk Insurance Policy (CAR Insurance Policy) is a type of insurance policy given to under-construction civil projects and provides protection against claims of Material Damage and Third-Party Liability arising during Construction Stage. A CAR Insurance Policy provides comprehensive coverage to the entire under-construction project from the arrival of the first consignment at site and continues whilst the Work is in Progress and during the maintenance period as well.