The CAR Policy is designed for all Buildings and Civil Engineering Projects including but not limited to:

- Commercial/Residential Buildings

- Industrial Buildings , Factories and Plants

- Warehouses

- Water Supply and Drainage Systems

- Road, Railway Facilities and Airports

The basic concept is to offer comprehensive and adequate protection against loss or damage in respect of the Contract Works, Construction Plant and Equipment and/or Construction Machinery, as well as against Third Party claims in respect of property damage and/or bodily injury arising in connection with the execution of a construction project.

This cover is offered to Contractors and Principals and their subcontractors engaged in construction activities.

The Policy comprises of 2 Sections:

Section I - Material Damage

Covers physical loss, damage or destruction of the property insured by any cause, other than those specifically excluded in the policy.

Section II - Third Party Liability

Covers the legal liability of the Insured as a result of bodily injury to third party or property damage belonging to a third party arising out of performance of the contract works and happening on or in the immediate vicinity of the site, subject to standard Exclusions specified in the Policy Wording.