All-risk insurance that answers for loss and damage in the course of constructing buildings, roads or bridges, or in erecting, installing or operating machinery and equipment, subject to certain exclusions.
Types of coverage are:
- Contractor’s All-Risk Insurance (CARI)
- Erection All-Risk Insurance (EAR)
- Machinery Breakdown Insurance (MBI)
- Boiler and Pressure Vessel Insurance (BPV)
- Electronic Equipment Insurance (EEI)