![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)
Contractors All Risk Insurance Policy
Coverages in a Contractors All-Risk Insurance Policy [Infographic]
May 29, 2023
Qian
In this article
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.
Like what you see? Share with a friend
Rekha Ramakrishana
Rekha Ramakrishana is a full-time Associate Editorial Director for QIAN, covering financial products and services. She has more than two decades of journalism experience, including 10 years of educating consumers about personal finance.