Provides comprehensive protection against accidental and unforeseen physical loss or damage to the property insured occurring during the period of insurance on the construction site will be indemnified.

The first section provides an "all risks" cover. Almost any sudden and unforeseen physical loss or damage occurring during the period of insurance to the property insured on the building site will be indemnified. The most important causes of losses indemnifiable under CAR insurance are fire, lightning, explosion, flood, inundation, windstorm of any kind, earthquake, theft, burglary, bad workmanship, negligence, lack of skill, lack of experience, malicious acts or human error, any other sudden and unforeseen event, such as loss or damage due to collapse, foreign objects and on-site transport of items to be constructed.

The second section provides indemnity against such sums which the insured shall become legally liable to pay as damages consequent upon.

• accidental bodily injury to or illness of third parties (whether fatal or not)
• accidental loss of or damage to property belonging to third parties.

occurring in direct connection with the construction or erection of the contract works and happening on or in the immediate vicinity of the site.

Erection All Risks Insurance

This policy offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind as well as third party claims in repect of property damage or bodily injury arising in connection with the execution of an erection project.

The material damage section provides a very wide cover. Almost any sudden and unforeseen physical loss or damage occurring to the property insured on the erection site during the period of insurance will be indemnified.

This third party liability section provides indemnity against such sums which the insured shall become legally liable to pay as damages consequent upon

• accidental bodily injury to or illness of third parties (whether fatal or not)
• accidental loss of or damage to property belonging to third parties.

occurring in direct connection with the erection, construction or testing works and happening on or in the immediate vicinity of the site.

Machinery Breakdown

This policy was developed to grant industry effective insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.

Machinery Breakdown insurance provides an "all risks" accident cover. Almost any sudden and unforeseen physical loss or damage occurring to the property insured during the period of insurance will be indemnified e.g. faulty design (calculations, plans, drawings and specifications) faults at workshop or in erection, defects in casting and material, faulty operation,lack of skill, negligence, malicious acts, tearing apart on account of centrifugal force, physical explosion, flue gas explosion in boilers, short-circuit and other electrical causes etc.