What is Contractors’ All Risk (CAR)?

This policy covers for Material Damage and Liability during construction and maintenance period for your project such as building and civil engineering works.

Key coverage

Here is an overview of your coverage

Contractors’ All Risks (CAR)

Contractors’ All Risks (CAR)

  • Material Damage
    Covers any unforseen 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.

How much is my premium?

Your premium may vary, depending on:

  • Contract Period
  • Contract Site
  • Contract Value / Limit of Liability
  • Contract Works involved
  • Coverages / Extensions required
  • Underwriting information submitted

Download our proposal form under the Product Literature.

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What we don’t cover

  • 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
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under the respective
Important information

This insurance is underwritten by Tokio Marine Insurance Singapore Ltd. All benefits and features mentioned here are subject to the terms and conditions of the policy. Please refer to the policy contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only.

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