Tata AIG Contractors All Risk Insurance

The Tata AIG Contractors All Risk Insurance policy is designed to provide comprehensive protection for construction projects, covering a wide range of risks that may arise during work. This "All Risks" policy safeguards against sudden, accidental, and unforeseen physical loss or damage to property, including materials brought to the site and temporary works constructed on-site. With this robust coverage, Tata AIG ensures contractors can manage uncertainties effectively, allowing them to focus on completing their projects with confidence and reliability

₹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

About Tata AIG General Insurance Company

Tata AIG General Insurance Company Limited was formed by collaborating with the Tata Group and AIG (American International Group). Established on January 22, 2001, the company has built a strong presence in the insurance sector, completing over two decades of committed service by 2021.

The company operates through two primary divisions: consumer lines and commercial lines. The consumer lines division offers a variety of products, including motor, health, travel, home, and rural-agriculture insurance. On the other hand, the commercial lines division provides coverage for property, business interruption, liability, and niche solutions such as Reps & Warranties and Environmental Insurance.

Specialising in Travel, Marine Insurance, and Liability Insurance, Tata AIG continues to strengthen its position in the industry. The company aims to become a trusted leader in India's general insurance market by forming strategic partnerships with leading businesses across various sectors.

Tata AIG Contractors All Risk Insurance Inclusions

The inclusions under the Tata AIG Contractors All Risk Insurance are as follows:

Extensive ‘All Risks’ Protection: The policy covers unexpected, accidental, and sudden damages during construction, except for explicitly excluded risks.

Material Protection: It covers the materials and equipment brought to the construction site for project purposes.

Temporary Works: The policy covers temporary structures set up or constructed on-site as part of the project activities.

Tata AIG Contractors All Risk Insurance Add-ons

The add-ons under the Tata AIG Contractors All Risk Insurance are:

Protection for nearby property

Removal of debris expenses

Third-party liability coverage

Escalation costs up to 50%

Charges for air and express freight

Prolonged maintenance coverage

Extra customs duty

Note: The above list is indicative and not exhaustive

Tata AIG Contractors All Risk Insurance Exclusions

The Tata AIG Contractors All Risk Insurance policy does not cover the following:

War and Civil Disturbances: Losses caused by war, invasions, hostilities (whether declared or not), civil war, rebellion, revolution, insurrection, or civil unrest, including martial law or military power, are excluded.

Government Actions: Damage from orders by any government or authority, such as confiscation or requisition, is not covered.

Nuclear Risks: Coverage excludes any losses resulting from nuclear reactions, radiation, or radioactive contamination.

Intentional Acts: Damage caused by deliberate actions or negligence by the insured or their representatives is not included.

Work Interruptions: Claims arising from the suspension or cessation of work, whether partial or total, are not covered.

Inventory Shortages: Losses attributed to discrepancies in inventory are not insured.

Manufacturing or Design Defects: Damage caused by inherent manufacturing or design defects is excluded.

Indirect Losses: The policy does not cover any consequential or indirect losses.

TATA AIG Group Personal Accident Insurance - FAQs

Q1: What is covered under Tata AIG Contractors All Risk Insurance?
Ans: The Tata AIG Contractors All Risk Insurance policy covers the following:
- Protects against sudden, accidental damages.
- Secures materials and equipment on-site.
- Covers on-site temporary structures.
Q2: How can I contact TATA AIG General Insurance customer care?

Ans: You can reach their toll-free number at 1800-266-7780. Additionally, you can email your complaints or queries to customersupport@tataaig.com