Digit Construction All Risk Insurance

Digit Contractors All Risk Insurance provides extensive protection against risks encountered during construction. It covers public liability, contract works, owned and hired-in equipment, and employee tools, helping contractors reduce financial risks and handle unexpected accidents effectively.

₹1 Lakh cover starting at ₹590/month⁺

Your shield for every construction project from

fire or theft

third-party injury

unforeseen site damages

We don't spam

Check your premium now

By clicking on "Check your premium now" you agree to our Privacy Policy and Terms Of Use

Get Updates on WhatsApp

Wallet-friendly plans
24/7 claim support
IRDAI-certified advisors

Digit Contractors' All Risk Insurance Inclusions

The inclusions under the Digit Contractors All Risk policy are:

Material Damage: Any damage to insured property during the policy period - except for exclusions listed in the policy - is covered up to the specified limit. The policy also reimburses the cost of debris removal and site clearance.
Third-Party Liability: This policy covers legal responsibilities for damage to someone else's property or injury (fatal or non-fatal) to individuals who are not the insured’s employees.
Legal Compensation: It covers litigation costs and expenses incurred with prior written approval or those legally recovered by a claimant.
Comprehensive Protection: This policy offers extensive coverage for projects, subject to stated exclusions, and is typically available for construction projects where civil work constitutes more than 50% of the total project value.

Exclusions Under Digit Contractors’ All Risk Insurance

This policy does not provide coverage for losses, damages, or liabilities resulting from the following:

War & Civil Disturbances - Losses caused by war, invasions, rebellions, riots, or actions taken by government authorities.
Nuclear Hazards - Any damage due to nuclear reactions, radiation exposure, or contamination.
Deliberate Actions - Losses resulting from intentional misconduct or negligence by the insured or their representatives.
Work Interruptions - Financial losses due to a complete or partial halt in construction activities.
Terrorism-Related Incidents - Damages arising from acts of terrorism, including violence or threats driven by political or ideological motives.
Government Intervention - Losses caused by confiscation, requisition, or destruction by official authorities.

Digit Insurance: Step-by-Step Claim Process

Follow these steps to file a claim under the Contractors' All Risk Insurance policy:

Notify your insurer about the incident as soon as possible.
Share essential details, including the policy number and a description of the event.
Once the claim is registered, you will receive a claim reference number.
A surveyor will assess the extent of the damage.
After approval, the insurer reviews the financial and legal aspects before processing the claim settlement.

Period of Cover

The insurance coverage begins when construction starts after unloading the insured property at the site.
Coverage ends on the date specified in the policy or earlier if parts of the project are taken over or put into use before that date.
If construction is completed earlier than expected, no premium refund will be given unless the insurer allows it.
If construction extends beyond the insured period, coverage may be extended upon payment of an additional premium

1. What is Digit Construction All Risk Insurance?

Ans: Digit Construction All Risk Insurance is a policy that provides financial protection against risks and damages that may occur during the construction phase. It covers material damage, third-party liabilities, and additional costs related to unforeseen incidents.
2. Who should buy this insurance?

Ans: This policy is ideal for contractors, builders, project owners, and engineering firms involved in civil construction projects.
3. What does Digit Contractors All Risk Insurance cover?
Ans: The policy typically covers:
- Material damage due to accidents, natural disasters, or theft.
- Third-party liability for property damage or injury to individuals other than employees.
- Additional expenses like debris removal costs.
4. What are the exclusions under this policy?
Ans: The policy does not cover losses due to:
- War, riots, or government actions.
- Nuclear hazards or radiation.
- Deliberate negligence or intentional damage.
- Work stoppage or delays.
- Acts of terrorism.
5. How long does the Digit Contractors All Risk Insurance coverage last?

Ans: Coverage begins when construction starts and continues until the project is completed or handed over. Extensions can be provided if the project takes longer than expected.
6. How do I file a claim?
Ans: To file a claim, follow these steps:
- Notify Digit Insurance about the incident immediately.
- Provide policy details and incident reports.
- A surveyor will assess the damage.
- Once approved, the claim will be processed and settled.
7. Can I extend my coverage if my project gets delayed?

Ans: Yes, you can extend coverage by paying an additional premium, subject to approval by Digit Insurance.
8. How is the premium for this policy calculated?

Ans: The premium depends on factors like the project value, construction type, duration, and risk exposure.

Why is Construction All Risk Insurance Important while Constructing a House?

Explore Engineering Insurance Products

Construction All Risk Policy

Erection All Risk Insurance

Contractor's Plant & Machinery Insurance

Engineering Insurance

Builders Insurance

Why Buy From Policybazaar

Contractor Risk Companies

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.

Commercial Insurance Products

Group Health Insurance

Marine Insurance

Cargo Insurance

Workmen Compensation Insurance

Professional Indemnity

Fire Insurance

Shop Insurance

Comprehensive Liability Insurance

Construction All Risk

Erection All Risk

Cyber Insurance

Directors & Officers Insurance

Contractor's Plant & Machinery

Office Package Policy

Group Personal Accident Insurance

Group Life Term Insurance

Drone Insurance

We don't spam

View plans

By clicking on " Check Your Premium Now " you agree to our Privacy Policy and Terms Of Use

Contractor Risk Insurance Articles

Popular Articles
Recent Articles

Calculating the Cost of Construction All Risk Insurance

Calculating the Cost of Construction All Risk Insurance

Starting a construction project is like setting sail on an adventure filled with risks - from unexpected accidents...Read more

14 Nov 2023 by Policybazaar 6325 Views

What is Scaffolding?

What is Scaffolding?

Scaffolding is a temporary framework used in repair or construction to support materials and workers. In building...Read more

29 Apr 2025 by Policybazaar 1914 Views

What are Construction Site Insurance Requirements?

What are Construction Site Insurance Requirements?

Construction sites in India are prone to accidents due to heavy machinery, scaffolding collapses, and high worker...Read more

15 Jul 2025 by Policybazaar 1738 Views

Understanding Machinery Coverage as per Current Value under CPM

Understanding Machinery Coverage as per Current Value under CPM

The success of any construction project hinges on the reliable operation of machinery. Contractor's Plant and...Read more

13 Mar 2024 by Policybazaar 4226 Views

Procurement Manager: Key Duties and Responsibilities

Procurement Manager: Key Duties and Responsibilities

A Procurement Manager is a professional responsible for sourcing and purchasing goods and services that a company...Read more

09 Apr 2025 by Policybazaar 2132 Views

What is Backfill & Why is It Important?

What is Backfill & Why is It Important?

Backfilling is a fundamental yet often overlooked phase in construction and infrastructure projects. It directly...Read more

14 Apr 2025 by Policybazaar 1975 Views

CAR Insurance for Residential & Commercial Building

CAR Insurance for Residential & Commercial Building

Contractors all risk insurance for residential and commercial building provides coverage against any loss or...Read more

20 Jan 2023 by Policybazaar 3091 Views

Contractors All Risk Insurance for Road & Bridges on Land

Contractors All Risk Insurance for Road & Bridges on Land

Contractors all risk insurance for road and bridges on land provides coverage for the loss or damage caused to the...Read more

23 Jan 2023 by Policybazaar 4614 Views

Skills & Qualities of a Successful Procurement Manager

Skills & Qualities of a Successful Procurement Manager

A Procurement Manager, another name for a purchasing manager, purchases supplies and services for a company and...Read more

11 Jun 2025 by Policybazaar 982 Views

New India Assurance Contractors All Risk Insurance

New India Assurance Contractors All Risk Insurance

Established in 1919 by Sir Dorabji Tata, The New India Assurance Company Limited is a multinational general...Read more

27 Dec 2023 by Policybazaar 2786 Views

CAR Insurance for RCC Construction

CAR Insurance for RCC Construction

The construction field possesses several kinds of risk. It may affect the life of a laborer. Further, a third...Read more

17 May 2023 by Policybazaar 3540 Views

Key Challenges in the Modern Construction Industry

Key Challenges in the Modern Construction Industry

The construction industry is a cornerstone of economic development, driving infrastructure growth and providing...Read more

03 Dec 2024 by Policybazaar 1868 Views

What are Construction Site Insurance Requirements?

What are Construction Site Insurance Requirements?

Construction sites in India are prone to accidents due to heavy...Read more

15 Jul 2025 by Policybazaar 1738 Views

What is a Construction Site? Key Activities, Safety & Regulations

What is a Construction Site? Key Activities, Safety & Regulations

Construction site is a particular location where building or...Read more

11 Jun 2025 by Policybazaar 1099 Views

Skills & Qualities of a Successful Procurement Manager

Skills & Qualities of a Successful Procurement Manager

A Procurement Manager, another name for a purchasing manager...Read more

11 Jun 2025 by Policybazaar 982 Views

What is Scaffolding?

What is Scaffolding?

Scaffolding is a temporary framework used in repair or...Read more

29 Apr 2025 by Policybazaar 1914 Views

What is Backfill & Why is It Important?

What is Backfill & Why is It Important?

Backfilling is a fundamental yet often overlooked phase in...Read more

14 Apr 2025 by Policybazaar 1975 Views

Procurement Manager: Key Duties and Responsibilities

Procurement Manager: Key Duties and Responsibilities

A Procurement Manager is a professional responsible for sourcing...Read more

09 Apr 2025 by Policybazaar 2132 Views

Construction Project Management - A Comprehensive Guide

Construction Project Management - A Comprehensive Guide

Construction Project Management is a critical discipline that...Read more

27 Mar 2025 by Policybazaar 1065 Views

Types of Construction Projects

Types of Construction Projects

India's construction industry is the second largest contributor...Read more

03 Dec 2024 by Policybazaar 1561 Views

Key Challenges in the Modern Construction Industry

Key Challenges in the Modern Construction Industry

The construction industry is a cornerstone of economic...Read more

03 Dec 2024 by Policybazaar 1868 Views

Understanding Machinery Coverage as per Current Value under CPM

Understanding Machinery Coverage as per Current Value under CPM

The success of any construction project hinges on the reliable...Read more

13 Mar 2024 by Policybazaar 4226 Views

How Does Contractors All Risk (CAR) Insurance Save Contractors...

How Does Contractors All Risk (CAR) Insurance Save Contractors...

Contractor's All Risk (CAR) insurance often appears as a...Read more

02 Jan 2024 by Policybazaar 2370 Views

Mastering the Bidding Process: Win More Projects and Boost Profits

Mastering the Bidding Process: Win More Projects and Boost Profits

In India, getting construction contracts is like fierce...Read more

02 Jan 2024 by Policybazaar 1883 Views

Disclaimers⁺
⁺Premium may vary on the basis of business activity, type etc.
⁺Disclaimer: The starting premium of ₹590 is for a 1-month project with ₹1 lakh Sum Insured, applicable to the occupancy 'Other sundry works for residential/commercial building' under TATA AIG in Delhi. The actual premium may vary based on occupancy type, insurer, add-ons, and location. Standard terms and conditions apply. Please refer to the sales brochure for complete details on risk factors, terms, and conditions before making a purchase.
By clicking on "View Plans" 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.
The details of insurance coverage, inclusions and exclusions are subject to change as per solutions offered by insurance providers. The content has been curated based on the general practices in the industry. Policybazaar is not responsible for the factual correctness of these details.

CCBot

Your shield for every construction project from

third-party injury