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Contracters All Risk —
Contractors All Risks Insurance (CAR) offers comprehensive protection against loss of damage in respect of the contract works, construction plant, equipment and machinery, as well as against third-party claims in respect of property damage or bodily injury arising in connection with the building and execution of a construction project.
A “Contractors All Risk” policy may be taken up by the investor or principal or by the contractors engaged in a project, including all subcontractors.
This insurance provides an “ all risk” coverage, of which in principle every risk is covered, unless it is specifically excluded under the policy.
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