Contractors All Risks

Helps businesses overcome the financial loss from unforeseen events that cause severe damage during construction.

Contractors All Risk Insurance provides coverage for losses or damages in respect of the works at the contract site and third party claims during the construction period. This insurance can also be extended to cover Construction Plant and Equipment, Construction Machinery, Removal of Debris, Professional Fees and Principal’s Existing Property. The duration of cover corresponds with the contract period.

What can be insured?

This policy provides coverage under two sections:
Constructions of Residential buildings
Constructions of Commercial buildings
Constructions of Resort projects
Other similar projects
Machinery and equipment used during the Construction project
Bodily injury or property damage to third party

Section I — Material damage

Provides coverage for physical loss, damage or destruction of the property due to any cause other than those specifically excluded in the policy.

Section II — Third-party liability

Provides coverage for the legal liability falling on to you as a result of bodily injury or property damage to a third party.

Perils Covered:

This insurance provides cover against below mentioned perils but not limited to:
Fire, lightning, explosion and aircraft damage
Riot, strike and malicious act
Flood, inundation, storm, cyclone, landslide, subsidence and rockslide
Burglary and theft
Short-circuiting, arcing and excess voltage
Collapse, damage due to foreign objects and impact damages


Main Exclusions of this policy are but not limited to:
War and related perils
Nuclear reaction, nuclear radiation or radioactive contamination
The willful act or willful negligence of the insured
Cessation of work
Defective material or bad workmanship
Wear and tear
Any act of Terrorism

How to Claim

Inform Allied Insurance Company immediately after the incident:
Call Customer Care Toll Free 1600
Emailing to: [email protected]
Visit MyAllied

Important instructions

1. Insured should make sure that you take all necessary action to minimize the losses.

2. In the event of a fire, a collision involving a third party, burglary/theft or malicious damage claim, you must notify the police as soon as possible and obtain a police report.

3. Repair works should be carried out with our approval

4. All damaged items should be preserved for inspection

5. Do not admit liability at any point or offer to settle the claim unless you have obtained the written consent from us

Related Documents

Proposal Form