ABOUT THIS POLICY
Parties to a project involving the construction of building or other permanent structures require protection against loss or damage to the works concerned including third party claims in respect of property damage or bodily injury arising in connection with the project.Contractors All Risks insurance, subject to some specified Exclusions, provide the widest possible cover required. The most important causes of losses covered under Contractors All Risks Insurance:
- Fire, lightning, explosion
- Flood
- Windstorm
- Earthquake
- Theft, Burglary
- Negligence, Bad Workmanship
The benefit(s) payable under eligible certificate/policy/product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact The Pacific Insurance Berhad or PIDM (visit www.pidm.gov.my).
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