Contractors All

Contractors All Risk (CAR) Insurance provides comprehensive coverage for contractors during the construction phase of a project

Learn More
Contractors

Aptic Contractors All Risk Insurance

This insurance safeguards against various risks, ensuring financial protection and peace of mind.

  • Construction Works Protection:
    • Complete coverage for physical loss or damage to contract works from project commencement to handover.
    • Includes coverage for testing and commissioning periods.
    • Covers defective workmanship, materials, and design, subject to specific
  • Third Party Liability:
    • Legal liability for accidental bodily injury to third parties.
    • Property damage to surrounding structures.
    • Coverage for vibration damage and weaking of support.
    • Public liability during construction activities.
  • Equipment and Material:
    • Coverage for construction plant, machinery, and equipment.
    • Protection for material during transit to the construction site.
    • Storage coverage at the siite and for temporary structures and facilities.
  • Natural Perils:
    • Comprehensive protection against:
      • Storms and tempests.
      • Floods and water damage.
      • Earthquakes and subsidence.
      • Lightning strikes.
      • Landslides and ground movement.
  • Standard Coverage Limits:
    • Contract Works: 100% of contract value.
    • Construction Plant/Equipment:
      • Owned equipment: Declared value.
      • Hired equipment: As per hire agreement.
    • Third Party Liability:
      • Standard: Ksh 10 million.
      • Enhanced: Up to Ksh 50 million.
      • Custom limits available for large projects.
  • Sub-limits:
    • Materials in Transit: 10-25% of contract value.
    • Removal of Debris: 5-10% of contract value.
    • Professional Fees: 10% of claim amount.
    • Extra Charges (overtime express freight): 5% of claim amount.
    • Offsite Storage: 15% of contract value.

Provides financial protection against unforeseen events that could halt construction progress.

Enhances contractor credibility when bidding for projects by demonstrating risk management.

Supports regulatory compliance by meeting necessary insurance requirements for construction projects.

Offers peace of mind, allowing contractors to focus on project execution rather than potential risks.

Contractors and subcontractors involved in construction projects.

Construction firms and project developers looking for comprehensive risk coverage.

Government contracts and private sector construction projects.

General Exclusions

  • Normal wear and tear or gradual deterioration.
  • Mechanical/electrical breakdown of construction equipment.
  • War, civil war, and terrorism.
  • Nuclear risks and radiation.
  • Cyber risks and data loss.
  • Asbestos and toxic molds.

Operational Exclusions:

  • Willful negligence or non-compliance with safety regulations.
  • Professional errors in design (unless design cover extension is purchased).
  • Consequential losses, including penalties for delay.
  • Pre-existing conditions and defects.
  • Pure financial losses and inventory shortages.
Get in Touch
Need Help? Chat with us