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PRODUCTS

Contractors’ All Risk Insurance

Contractors All Risk (CAR) policy is designed to cover all types of civil engineering projects like buildings, dams, flyovers, etc. It is possible to record the interest of Principal, Contractors and Subcontractors in the policy. This Policy broadly covers the risk of accidental physical loss or damage in respect of the contract works, during the execution of a civil project. CAR insurance provides an “all risk” cover, unless specifically excluded. The Property cover incepts from the commencement of work or after unloading of first consignment at project site, whichever is earlier and terminates on handing over of works to the principal or expiry of policy, whichever is earlier.

To meet the growing needs of today's world Everest Insurance Company has been upgrading its range of products and policies.

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Customer Education

  • Review your insurance coverage and premium payments regularly to feel safer; before disaster/accident occurs.
  • Remember the renewal dates of your Insurance policy so that it can be renewed on time thereby maintaining the continuity of Insurance.
  • Any fraudulent information/ misrepresentation/ non-disclosure of material information of any sort in the proposal form may render the contract null and void.
  • In an event of loss, please notify Policy issuing office immediately.