Contractors All Risks

Contractors All Risk Insurance

Contractors All Risk insurance covers all risks that are normally associated with construction projects.

Hensure can facilitate two types of policy: Contract Works and Contractors Plant and Equipment. These policies are available separately, or together.

What is Contract Works insurance?

Contract Works insurance covers permanent and temporary works executed in performance of the contract and materials for use in connection therewith.

What is Contractors Plant and Equipment cover?

This policy can cover your own plant and equipment and also any plant that you may hire in from a hire company.

This policy will not only cover you for the cost of the equipment hired in, but will also cover the cost of the hire charges for each day that the rental company cannot hire out the machinery as a result of the loss.

The insurance covers circumstances where the plant and machinery are damaged or stolen.

Do I need Contractors All Risk Insurance?

What would happen if during the build phase of the project, there was a fire on site that destroyed all of the work completed so far? You would be responsible for ensuring that all of the work was done again and would have to foot the bill for all of the costs involved.

You may also have plant, equipment and other tools that are on site and need to be covered for loss or damage.