Contractors All Risk Insurance for Flyover on Land

Contractors all risk insurance for flyover on land covers any kind of loss or damage caused to the machinery and equipment used in the construction work along with the construction plant during the construction of the flyover. Apart from this, the insurance plan provides coverage for third-party claims arising due to property damage or bodily injury.

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By clicking on "" you agree to our Privacy Policy and Terms of Use, and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover.

Types of Flyover on Land Sub-Categories

There are two type of flyover on land sub-categories covered:

  • Span exceeding 15 meters
  • Span not exceeding 15 meters

*The project period varies from 1 month to 24 months

Contractors All Risk Insurance for Flyover on Land: Inclusions

Contractors all risk policy for flyover on land covers the following perils:

  • Damage caused due to lightning and fire
  • Damage caused during riots, strikes
  • Damage caused due to natural calamity such as flood, tempest, storm, inundation
  • Damage caused due to collision, impact of any third-party vehicle or collapse
  • Loss due theft or burglary
  • Any kind of loss due to landslide, rockslide or subsidence

Contractors All Risk Insurance for Flyover on Land: Exclusions

Contractors all risk policy for flyover on land does not provide coverage for the following perils:

  • In case of cessation of work whether partial or total
  • If the material is defective 
  • In case of inventory loss
  • If the design is faulty
  • Regular wear and tear of the machinery or any other equipment
  • Loss or damage caused during war or any other related perils
  • Any kind of loss or damage caused due to nuclear reaction, radioactive contamination or nuclear radiation
  • Any kind of consequential losses
  • Any loss or damage caused due to willful negligence or the policyholder or any willful act.

Contractors All Risk Insurance for Flyover on Land: Add-ons

The insurance companies offer several add-ons with contractors all risk insurance policy that the policyholder can purchase to enhance the existing coverage:

  • Third-party liability coverage
  • Contractor’s plant and machinery
  • Surrounding property damage cover
  • Earthquakes
  • Construction equipment such as scaffolding, shuttering material, etc.
  • Terrorism
  • Maintenance visit or extended maintenance
  • Removal of debris

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Written By: PolicyBazaar - Updated: 23 January 2023