Contractors All Risk Insurance for Water Supply Installation

Contractors all risk insurance for water supply installation covers unforeseen incidents causing considerable financial loss during the installation of water supply in project site. The policy also covers the plants & machinery and third party liabilities arising on the project site.

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Liability from Product or Service
Property damage or Bodily Injury
Medical & Legal Costs Covered

Get ₹5 crores insurance cover starting at ₹25,000+

Liability from Product or Service
Property damage or Bodily Injury
Medical & Legal Costs Covered
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Get ₹5 Crore insurance cover starting at ₹25,000/year+

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Contractors All Risk Insurance for Water Supply Installation: Inclusions

Contractors all risk insurance for water supply installation covers the following perils-

  • Loss or damage caused to the insured project site due to lightning and fire
  • Loss or damage caused to the insured project site during natural calamities such as storms, floods, tempests, and inundations
  • Loss or damage caused to the insured project site due to landslide and rockslide
  • Loss or damage caused to the insured project site due to man-made hazards, including riots and strikes
  • Loss or damage caused to the insured project site because of third-party vehicle collapse and collision
  • Any loss or damage due to theft or burglary

Contractors All Risk Insurance for Water Supply Installation: Exclusions

Contractors all risk insurance for water supply installation does not cover the following perils-

  • If the damage is due to defective material or faulty design
  • If there is inventory loss
  • If the damage is due to regular wear & tear of the machinery and plant
  • In case of loss due to termination of the project (both partial or total)
  • In case of loss due to willful negligence or any willful act by the insured party
  • If the loss or damage arises due to war or any other related perils
  • Any kind of consequential losses arising in the insured project site

Contractors All Risk Insurance for Water Supply Installation: Add-ons

The insurer offers several add-on covers with contractors all risk insurance policy to enhance the existing coverage-

  • Coverage for contractor's plant and machinery
  • Coverage for surrounding property damage
  • Coverage for damages due to earthquakes
  • Coverage for terrorism
  • Coverage for third-party liabilities
  • Coverage for a maintenance visit or extended maintenance
  • Coverage for removal of debris

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Disclaimer: Above mentioned insurers are arranged in alphabetical order. Policybazaar.com does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.

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Policybazaar for Business - Comprehensive Liability Insurance - Customer Reviews
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4.3 April 09, 2023
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The premiums offered by PolicyBazaar for the Comprehensive General Liability Insurance are competitive, considering the extensive coverage and top-notch customer service they provide.Truly recomend it.
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4.3 March 28, 2023
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PolicyBazaar worked closely with me to tailor the coverage to meet the specific needs of my business.Worth buying.
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3.8 March 16, 2023
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4 February 20, 2023
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Damages Covered
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4 February 12, 2023
Neha
Helpful Team
We were looking to buy Comprehensive General Liability Insurance Plan that protects Third party property from any accidental damage at my workplace. So we landed on the PolicyBazaar website. It was well managed and described all the benfits in detaill... We contacted their Customer support and dcided to buy from them. Thanks, PolicyBazaar Team
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3.8 February 08, 2023
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4.3 February 04, 2023
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Good Package
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