Contractors' All Risks

Product Literature

Proposal-Form-Contractors'-All-Risks-Car

Key Coverages

Here is an overview of your coverage:

Material Damage

Covers any unforeseen and sudden physical loss or damage from any cause (other than those specifically excluded) to contract works or construction plant, equipment and/or machinery (unless separately insured).

Third Party Liability

Covers Insured’s legal liability to pay damages consequent upon accidental third party bodily injury and/ or property damage, which is in direct connection with the contract works and happening on or in the immediate vicinity of the contract site.

What we do not cover

Here are some common exclusions under this policy

This list is non-exhaustive. Please refer to our policy contract for the full list of exclusions under this policy.

✖ War, civil war and any act of terrorism.

✖ Radioactive and nuclear energy risks.

✖ Willful acts or willful negligence.

✖ Wear and tear.

✖ Faulty design.

✖ Cost of replacement, repair or rectification of defective material and/or workmanship.

✖ Mechanical and/or electrical breakdown or derangement of construction plant and machinery.

✖ Consequential loss of any kind.

✖ Pollution and contamination.

How much is my premium?

Your premium may vary, depending on:

Important Information

This insurance is underwritten by Tokio Marine Insurance Singapore Ltd. All benefits and features mentioned here are subject to the terms and conditions of the policy. Please refer to the policy contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only.