0807777771

INSURANCE FOR THE CIVIL & CONSTRUCTION INDUSTRY

CALL US ON 080 777 777 1

A Contractors All Risk Insurance Policy is a policy which insures the principal/ employer and covers the contract works undertaken by the contractor and sub contractors.

CivilSure offers 2 types of Contractors All Risk Insurance policy:

1. Contractors All Risk Once Off

This Contractors All Risk Insurance policy is taken on a once-off basis. When you are awarded a tender, we will provide you with quote for cover on that specific project based on it’s value and risks.  The cover will end when the project is complete.

2. Contractors All Risk Annual

This Contractors All Risk Insurance policy is slightly more comprehensive than the once off policy. You will be quoted on your Annual Projection and Maximum Contract Value. The Contractors All Risk Insurance policy will cover all your projects undertaken in the year of the policy inception. The premium is generally lower than the Contractors All Risk Once Off policy if you work it out annually.

Contractors All Risk Insurance Policy. What is CAR cover? | CivilSure

The Contractors All Risk Insurance Policy covers the following risks:

  • The Contract works
  • Spread of Fire
  • Theft
  • Flooding
  • Earthquakes
  • Landslides
  • Surrounding property
  • Debris removal
  • Public liability
  • Transit and Storage Limit
  • Theft of Cables
  • Piping & Wiring and more on request.
  • Annual policies also allow the addition of Plant All Risk Cover.

With notable exclusions such as:

  • No wooden or thatch buildings unless specifically declared
  • Excludes offshore risks, shaft sinking, underground mining, and tunneling – unless specifically declared
  • Excludes defective workmanship, material & design
  • Excludes Professional Indemnity for engineers or architects (fault / error of professional people)
  • Excludes Loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft
  • No cover for principal’s advanced loss of profits – cover is available – (please advise if you require this)
  • Excluded contractors plant, tools and equipment- cover is available – (please advise if you require this)
  • Excludes Plant hired in  – cover is available – (please advise if you require this)

To find out more about our CivilSure Insurance Policies, Contact us: 080 777 777 1.

If you would like a quote, you can do so here:

Contractor’s All Risk – Once Off – quote request

Contractor’s All Risk – Annual – quote request

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

RELATED POSTS

Determining The Value Of Your Plant

To determine the value of construction plant we investigate Market Value, Fair Market Value, Replacement Cost, Replacement Value & Actual Cash Value

What Are Latent Defects?

A Latent Defect is a defect that is not detected by ordinary inspection, but lies hidden until sometime later, when it’s discovered because it causes a problem that everyone can see.  An example of latent defects would be weak concrete in part of a bridge column, that looks the same as strong concrete, but collapses when a heavy truck drives over the bridge.

Some dos and don’ts when managing a Contractor’s All Risk claim

INSURANCE FOR THE CIVIL & CONSTRUCTION INDUSTRY CALL US ON 080 777 777 1 Some dos and don'ts when managing a Contractor’s All Risk claim. Contractor’s All Risk claim , our knowledge of the industry is our key advantage in achieving outstanding claims success. Building...

How Does a Contractor Claim For An Extension of Time?

A Contractor can claim for an extension of time, thus extending the Due Completion Date for a project. He can also claim for any costs which will increase due to being on site for longer (called time-related General Items).

What is the Defects Liability Period?

The Defects Liability Period starts when the Certificate of Completion is issued and continues for the period agreed to in the Contract. During the Defects Liability Period, the Contractor has to obey all written instructions from the Engineer to carry out repairs and fix any defects which appear in the Permanent Works, so that, at the end of the Defects Liability Period, the Permanent Works are in the condition required by the Contract.

Construction of the Tallest Building in South Africa

Read the history >> Construction of the tallest building in South Africa, the Carlton Centre. Built in 1973 and designed by architects Skidmore & Owens.

When a Disgruntled Employee Sabotages Your Structure…

Does Contractors Liability on the Contractors All Risk policy cover damages to a structure, caused by a disgruntled employee’s pre-meditated sabotage?

Why is a Contract Works Policy Necessary?

When it comes to planning a new construction project, insurance doesn’t always get the priority it requires, with contractors often wondering whether it is really necessary to take out a contract works policy at all. Very often the contract works policy is arranged at the last minute, or even after the project has already started.

Why you need Contractors’ All Risk insurance

All construction work, no matter the size or complexity of the project, contains an element of risk. Find out why you need Contractors All Risk Insurance.

What does Contractors All Risk cover include?

INSURANCE FOR THE CIVIL & CONSTRUCTION INDUSTRY CALL US ON 080 777 777 1 What does Contractors All Risk cover include? Contractors All Risk (CAR) insurance is usually provided on a monthly or once-off basis and provides protection for individual construction...

CALL US ON 080 777 777 1

Message Us on WhatsApp

Pin It on Pinterest

Share This