Comprehensive Protection – Covers a wide range of risks in one policy.

Extensive Coverage – Protects both material damage to Construction and Erection works and third-party liability.

Helps secure contracts, as project owners often require both CAR and EAR coverage under the same project.

Financial Security – Reduces the risk of financial loss due to accidents or damage.

Contract Compliance – Often a mandatory requirement in construction contracts and by lenders/financiers.

Suppliers & Manufacturers of Machinery: Coverage during transit, storage, installation, and testing of equipment. Protects against unforeseen accidents and damage.

Peace of Mind – Ensures smooth project completion without major financial setbacks.

This Policy covers the following:

SECTIONS 1 &2: BUILDING AND CIVIL ENGINEERING WORKS  AND MACHINERY ERECTION

If at any time during the period of insurance stated in the Schedule the property described in the Schedule shall suffer any unforeseen or accidental loss or damage from any cause, other than those specifically excluded, necessitating repair or replacement, the Company will indemnify the Insured in respect of all such loss or damage up to an amount not exceeding in respect of each of the items specified in the Schedule.

The Company will also reimburse the Insured for the cost of Clearance of Debris following upon any event giving rise to a claim under this Policy but not exceeding in all the sum set opposite thereto in the Schedule.

The Insured perils include:

Fire, explosion, lightning.

Flood, storm, cyclone, earthquake.

Theft, burglary, malicious damage.

Accidental damage during construction or erection.

Collapse, faults in erection, human errors, and negligence.

SECTION 3: THIRD PARTY LIABILITY

The Company will indemnify the Insured against all sums which the Insured shall become legally liable to pay as compensation for:

1)    accidental bodily injury or illness to any person

2)    accidental loss of or damage to property

occurring in direct connection with the performance of the contract insured by this policy and happening on or in the immediate vicinity of the Contract Site during the Period of Insurance.

In respect of a claim for compensation to which the indemnity provided herein applies, the Insurers will in addition indemnify the Insured against

1)    all costs and expenses of litigation recovered by any claimant from the Insured, and

2)    all costs and expenses of litigation incurred with the written consent of the Company in resisting any claim.

The Liability of the Company under this section shall not exceed the limits of indemnity stated in the Schedule.

GENERAL EXCLUSIONS (APPLICABLE TO ALL SECTIONS)

The Company will not indemnify the Insured in respect of:

1)    The deductibles/excesses stated in the Schedule;

2)    Consequential loss of any kind or liquidated damages or penalties for delay or detention or in connection with guarantees of performance or efficiency;

3)    Willful act or willful negligence of any director, manager or responsible site official of the Insured;

4)    Loss or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss or any legal liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. For the purpose of this exclusion only combustion shall include any self-sustaining process of nuclear fission,

5)    Any loss, destruction, damage or legal liability directly or indirectly caused by or contributed to by or arising from nuclear weapons material;

6)    Loss, damage or liability directly or indirectly caused by or arising out of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, mutiny, riot, strike, lock-out, civil commotion, military or usurped power, or malicious persons acting on behalf of or in connection with any political organization, confiscation, commandeering, requisition or destruction of or damage to property by order of the government de jure or de facto or by any public authority.

Specific Exclusions (Applicable to Section 1)

The Company shall not be liable for:

1)    loss or damage due to faulty design;

2)    normal making good;

3)    cost of replacement or rectification of defective material and/or workmanship, but this exclusion shall be limited to the part or parts immediately affected and shall not be deemed to exclude loss or damage resulting from an accident due to such defective material and/or workmanship;

4)    wear and tear, corrosion, oxidation, deterioration due to lack of use and normal atmospheric conditions;

5)    mechanical and/or electrical breakdown or derangement of construction plant and construction machinery;

6)    loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft;

7)    loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidences of debt, notes, securities or cheques;

8)    loss discovered only at the time of taking an inventory.

Specific Exclusions (Applicable to Section 2)

The Company shall not be liable for:

1)    loss or damage due to faulty design, defective material or casting, bad workmanship other than faults in erection;

2)    normal making good;

3)    wear and tear, corrosion, oxidation, deterioration due to lack of use and normal atmospheric conditions;

4)    mechanical and/or electrical breakdown or derangement of erection machinery and erection equipment;

5)    loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft;

6)    loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidences of debt, notes securities, cheques, packing materials such as cases boxes and crates;

7)    loss discovered only at the time of taking an inventory.

Specific Exclusions (Applicable to Section 3)

The Company will not indemnify the Insured in respect of:

1)    expenditure incurred in repairing or replacing any work or property covered or coverable under Section I and/or II of this Policy;

2)    damage to any property or land or building caused by vibration or by the removal or weakening of support or injury or damage to any person or property occasioned by or resulting from any such damage.

3)    Liability arising out of:

i)      bodily injury to or illness of employees or workmen of the Contractor (s) or the principal or any other firm connected with the contract work or members of their families;

ii)     loss of or damage to property belonging to or held in care, custody or control of the Contractor (s), the principal or any other firm connected with the contract work or an employee or workman of one of the aforesaid;

iii)   any accident caused by vehicles licensed for general road use or by waterborne vessels or aircraft;

iv)   any contract or agreement unless such liability would have attached in the absence of such contract or agreement;

technical or professional advice given by the Insured or by any person acting on behalf of the Insured

Our expert staff can help/advise you on our wide range of covers and assist with designing a policy at the most competitive premium.

We settle claims quickly. Although the amount of time required to settle each claim varies based on the severity, extent and nature of the loss, you can be sure People and Partners will settle the claim as quickly as possible.

Our expert staff will quickly and clearly advise you on the requirements for the policy. Once you've provided us with all the details needed to design your policy, we'll ensure full protection at the most competitive price.