Features of Contractors’ All Risks Policy
Contract Work: Building under construction specified in the schedule of the policy resulting from any cause.
Public Liability: Indemnify you against all sums, which you be legally liable to pay in case of bodily injury, illness loss or damage to property belonging to third parties.
3rd Party Liability: Indemnifies you against accidental loss or damage to property belonging to third parties occurring in direct connection with the performance of the contract.
Requirements
- Completed Proposal form/Brokers Slip
- Completed Know your Policyholder form
- Copy of Certificate of Incorporation for Corporate clients
- Identification document for individual client (any one of the below will suffice):
- i. copy of Data Page of International Passport
- ii. copy of National Identity card
- iii. copy of National Driver’s License
- iv. copy of Voters Card
- v. Copy of National Driver’s license
- vi. copy of voter’s card
- Bill of Quantities
- Copy of a Photograph of the building
- Policy/Endorsement document
- Certificate of Insurance
- Confirmation of premium payment