This coverage is essential for protecting physical assets such as buildings, machinery, equipment, and construction materials against risks like fire, natural disasters, theft, and vandalism.
Contractor's All-Risk (CAR) Insurance
CAR insurance provides comprehensive coverage for construction projects, including the construction site, materials, and equipment. It protects against various risks during the construction phase, ensuring financial protection for the infrastructure company
General liability insurance covers third-party bodily injury and property damage claims that may arise due to the construction activities. Professional indemnity insurance protects against claims resulting from errors or omissions in design or advice
Environmental Liability Insurance
Infrastructure projects can have an impact on the environment. This insurance covers the costs associated with pollution incidents and environmental cleanup, ensuring compliance with regulations and protecting against potential liabilities.
Workers' Compensation Insurance
Given the inherent risks in the construction industry, workers' compensation insurance is crucial. It provides medical benefits and lost wages to employees injured during the course of their work.
Delay in Start-Up (DSU) Insurance
DSU insurance protects against financial losses caused by project delays, providing coverage for additional expenses and lost revenue due to delayed completion.
Plant and Equipment Insurance
This insurance covers specialized machinery and equipment used in infrastructure projects against accidental damage, breakdown, or theft.