Material Damage

Covers any unforeseen and sudden physical loss or damage from any cause (other than those specifically excluded) to contract works or construction plant, equipment and/or machinery (unless separately insured).

Third Party Liability

Covers Insured’s legal liability to pay damages consequent upon accidental third party bodily injury and/ or property damage, which is in direct connection with the contract works and happening on or in the immediate vicinity of the contract site.

This list is non-exhaustive. Please refer to our policy contract for the full list of exclusions under this policy.

✖ War, civil war and any act of terrorism.

✖ Radioactive and nuclear energy risks.

✖ Willful acts or willful negligence.

✖  Wear and tear.

✖  Faulty design.

✖  Cost of replacement, repair or rectification of defective material and/or workmanship.

✖  Mechanical and/or electrical breakdown or derangement of construction plant and machinery.

✖ Consequential loss of any kind.

✖ Pollution and contamination.