The Contractors-All-Risk Policy is a comprehensive package policy that provides coverage for all the risks faced by a construction firm.

The policy primarily protects the property insured at the project site against any sudden and unforeseen physical loss or damage caused by any reason except those explicitly excluded.

Secondly the policy provides indemnity for any sums you may become legally liable to pay as damages due to accidental bodily injury or illness of third parties, as well as accidental loss of or damage to third-party property directly related to the insured construction items and occurring on or near the project site.