Inclusive of all taxes
The Construction All Risk (CAR) Insurance Policy is a comprehensive insurance coverage designed specifically for construction projects. It protects the project, including materials, plant, equipment, and the structure while under construction, against a wide array of risks such as fire, theft, natural calamities like floods and earthquakes, and accidental damage during the construction period. This policy is ideal for contractors, builders, and project owners who want to safeguard their investments from unforeseen events that can lead to financial losses. Additionally, the policy encompasses third-party liability coverage, providing protection against claims for bodily injury or property damage occurring at the construction site. This dual protection—covering both the construction assets and third-party liabilities—makes the CAR Insurance an essential risk management solution in the construction sector. The coverage period aligns with the construction project timetable, ensuring uninterrupted protection until the project completion. For inquiries or proposals related to this policy, the contact details are provided: Phone - 9004383987, Email - kishan@btwimf.com.
Key Features
| Features | Description |
|---|---|
| Coverage Scope | Loss or damage to construction project materials, equipment, and structures |
| Risk Protection | Covers fire, theft, natural disasters, and accidental damages |
| Third-Party Liability | Protection against bodily injury or property damage claims at the project site |
| Policy Duration | Coverage during the entire construction period until project completion |
| Target Users | Contractors, builders, and project owners |
| Claim Support | Financial cover for repair, replacement, or rebuilding costs |
| Contact Information | Phone: 9004383987, Email: kishan@btwimf.com |
| Attributes | Description |
|---|---|
| Insurance Type | Construction All Risk (CAR) Insurance |
| Coverage Includes | Materials, equipment, temporary structures, and permanent structures under construction |
| Covered Risks | Fire, theft, natural disasters (e.g. floods, earthquakes), accidental physical damage |
| Third-Party Liability Limit | As per policy agreement (varies) |
| Policy Territory | Typically covers locations within India |
| Policy Period | Aligned with project timeline, renewable if construction extends |
| Premium Calculation | Based on project value, location risk, and duration |
| Required Documentation | Project details, value declaration, contractor information |
*Disclaimer: The above description has been AI-generated and has not been audited or verified for accuracy. It is recommended to verify product details independently before making any purchasing decisions.
Yes, the policy specifically covers damages caused by natural disasters such as floods, earthquakes, and similar perils during the construction period.
Yes, the policy includes third-party liability coverage which protects against bodily injury or property damage claims arising at the construction site.
The coverage period is aligned with the construction project timeline and can be renewed or extended if the project duration extends beyond the initial policy period.
The policy covers materials, equipment, temporary and permanent structures involved in the construction project.
Premium is calculated based on factors including the total project value, location risk profile, and the duration of the construction period.
Country Of Origin: India
CAR Insurance covers loss or damage to construction projects, including materials, equipment, and the structure under construction.
It protects against risks like fire, theft, natural disasters, and accidental damage during the project period.
The policy also includes third-party liability for bodily injury or property damage at the site.
IF THERE ARE ANY QUESTIONS OR ANY PROPOSALS THE CONTACT INFORMATIONS ARE AS FOLLOWS:-
*****
*****
Inclusive of all taxes
You Save: 0
