Contractor's All Risks insurance

  •  About Policy 
  •    Scope Of Cover 
  •    Extensions 
  •    Exclusions 
  •    Rating 
  •    Sum Insured 

About Policy

The Contractors All Risks (CAR) Insurance offers comprehensive coverage for all types of civil construction risks. The coverage for physical loss or damage to property is on an 'All Risks' basis, i.e. the policy insures against damage to property in the course of construction by all sudden, accidental and unforeseen causes other than specified excluded perils and subject to the terms and conditions of the policy.


CAR policy can be taken by principal, contractor or sub-contractor, either individually or jointly.

Here's what you need to get started


Scope Of Cover

Contractor's All Risks (CAR) Policy covers civil construction such as residential buildings, commercial buildings, factory sheds, warehouses, pipelines, dams, reservoirs, etc. This policy also covers the risk of accidental physical loss or damage with respect to the contract works, during the execution of a civil project.

The cover comes to effect with the commencement of work or after the items entered in the schedule of the policy have been unloaded at the site whichever is earlier and shall expire on the date specified in the policy. However, the company's liability expires for parts of the insured contract works taken over or put into service by the Principal prior to the expiry date specified in the policy whichever is earlier.



  • Air freight
  • Express freight, holiday and overtime rates of wages.
  • Additional customs duty.
  • Contractor's plant & machinery up to specified limits.
  • Storage risk at fabricator's premises.
  • Clearance and removal of debris.
  • Third party liability
  • Cross liability.
  • Surrounding property.
  • Escalation.

There is also a provision for extending the policy period during the currency of the policy.




  • War and nuclear group of perils.
  • Willful act / negligence.
  • Loss discovered at time of taking inventory.
  • Normal wear and tear; gradual deterioration due to atmospheric conditions or otherwise, rust.
  • Partial/total cessation of work.
  • Loss or damage due to faulty design.
  • Damage to files, drawings, accounts and bills etc.
  • Penalties for non-fulfilment of contractual obligations.
  • Consequential losses.
  • The cost of replacement, repair or rectification of defective material and/or workmanship.


Type of project

  • Period of project.
  • Sum Insured of project.
  • Location of project.
  • Extensions opted.

Sum Insured

Basis of Sum Insured: Total contract value including the estimated cost of labour charges and cost of materials (including freight, custom duty and cost of erection) but excluding profit.


Need Help 

Customer Support: 1800 266 3202

Have us call you


Apply Job


Please note: Upload PDF or Word files only Up to 1 MB

Thank you for contacting us. We will get in touch with you shortly.

Thank you!

You will be contacted from our customer service within 24 hours.

Please note it down.

And in case you don't get a call within 24 hours,

please call us on 180030023202 and quote this reference number.

If you are registered with DNC,

then please call us at 180030023202

Thank you for the application! We will contact you regarding your job application.