Contractors All Risks Insurance

A major form of contract works insurance is designed to protect the interest of different parties involved in construction activity for all types of civil engineering construction works. The CAR policy may be affected by the interested parties in the project but primarily by the Principal or by the Contractor engaged for the work and generally includes all sub-contractors. The cover begins from the start and terminates when the completed project is handed over or any completed part is taken over or put into service.