Construction All Risks Insurance

Construction All Risks Insurance (CAR) offers comprehensive protection against loss or damage in respect of the contract works, construction plant, equipment and machinery, as well as against third-party claims in respect of property damage or bodily injury arising in connection with the building and execution of a construction project.

A CAR policy may be taken up by the investor or principal or by the contractors engaged in a project, including all subcontractors. This insurance provides an “all risks” coverage therefore in principle every risk is covered which is not specifically excluded by the policy arranged.

We often arrange CAR as part of the overall project or project finance package that may include the following:-
  • Project Finance Risks Package 
  • Bid/Performance Bonds
  • Advance Business Interruption 
  • Professional Indemnity 
  • Workmen's Compensation 
The whole process may be rather complex, we recommend you to contact one of our insurance professional advisers to discuss the above in greater detail.

Have a query or question? Please call us on +84 (28) 3514 7969 or email us at enquiry@aegisrs.com for further advice!

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