- Motor Insurance Sri Lanka
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From a small house to an apartment building to a mighty dam, civil engineering and construction can be a long process with a lot of exposure. Our Contractors All-Risk Insurance Policy offers you a comprehensive solution that covers your site, sub-contractors and even your financiers, from unexpected problems and damages that may arise during a project.
The cover starts from the time of mobilization at the site up to the time of successful construction and maintenance thereafter.
Insurance should be for the contract price – the sum insured for the insurance should not be less than the full value of the contract on completion of the construction.
Principals often supply contractors with materials on ‘free issue’ to be built into the contract – these values should be declared separately and will be added as part of the contract
Particulars of cover and exclusions given above are not complete or exhaustive. For more details please call us on 0112 428 428 or visit one of our nearest branches