All-risk insurance provides comprehensive coverage for any peril not specifically excluded from the policy, protecting property and assets from various risks. We provide both Contractor's All Risk Insurance and Erection All Risk Insurance.
Contractor's All Risk Insurance:
- Part I covers damage to the construction project and materials, including items in storage and transit.
- Part II provides liability insurance for third-party bodily injury and property damage related to construction operations.
- Part III offers optional coverage for delay in start-up (DSU) due to an insured loss, protecting project owners, general contractors, subcontractors, and suppliers.
Erection All Risk Insurance:
- It covers loss during the erection and installation of machinery, plant, and steel structures, including physical damage to contract works and liability for third-party injury or property damage.
- DSU coverage is optional for general contractors, subcontractors, and equipment suppliers.
Why choose Jubilee Allianz All Risk cover?
With Jubilee Allianz All Risk Cover, you can rest assured that your investment and business will weather future uncertainties.
Our policy provides extensive coverage for contract work, encompassing both permanent and temporary structures, materials, and even power plants and manufacturing facilities.