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Contractors’ All Risks Insurance

It covers the contractors who will operate such public works as road, bridges etc. and covers both Property Damage (Section I) and Third Party Liability (Section II) Insurance from the time of collecting construction material to the construction site to the time of handover after the contract works. Section II limit can be proposed up to 50%, 75%, 100% or 125% of Section I of which the sum insured is contract value. The value of machines and equipments at the site can be added to sum insured. The period of insurance is from minimum 3 months to maximum 5 years. Maintenance period can be proposed for 3 months, 6 months or 1 year. The premium rate ranges from 0.15% to 0.518%.

All Products

Contact Phone Number

Admin Department

379088, 384865, 252372, 246902

Life Insurance Department

384881, 384876, 386919

Account Department

384870, 384868

Duty Room

379188

Fire, Engineering and Miscellaneous Insurance Department

251764, 384874, 384867

Marine, Aviation & Travelling Insurance Department

251761

Third-Party Liability Insurance Department

384864, 384873