Insurance for Construction Projects

Construction Machinery & Equipment: Assures against physical damage (fire, theft, natural events) to fixed or mobile machinery like tower cranes, excavators, and bulldozers.

Employer’s Liability: Covers work-related accidents for site personnel included on the payroll.

Advanced Loss of Profits (ALOP/DSU): Protects the insured against financial loss resulting from a delay in project commencement due to physical damage covered under the CAR policy.

Surety Insurance: Often used for local tenders and private contracts, providing a guarantee to the client that the project will be completed