Contractor All Risk Insurance for Restaurant: Exclusions
The following risks shall not be covered under CAR insurance for restaurants.
- CAR for restaurants does not cover nuclear and war risk
- The insurer shall not be liable for the cessation of partial or total work due to the act of insured
- A wilful act of negligence shall not be covered under the CAR insurance of restaurants
- The insurer shall not be liable to provide coverage if defective materials or bad workmanship are found by the surveyor
- The insurer shall not be liable for the contractual liability of the contactor
- Such risk shall not be covered if incurred due to faulty design
Contractor All Risk Insurance for Restaurant: Add-ons
Policyholders have the option to enhance the Contractor All Risk Insurance policy by purchasing add-ons on the existing insurance.
- The policyholder may extend the provision of insurance by including the following add-ons:
- Damage or loss caused to the property surrounding the construction work
- Damage or loss caused to the third party due to the construction work
- Comprehensive liability insurance policy
- Loss caused due to the delay of construction work
- Insurance for the plant and machinery utilised for the construction work