Contractors All Risk (CAR) Insurance is a type of insurance policy designed to provide comprehensive coverage for construction projects. This policy is designed to protect the interests of principal, contractors, subcontractors, and other relevant parties involved in construction activities.

Its key features include:

• Covering loss or damage to contract works and materials during the course of construction
• Providing protection against claims from third parties for bodily injury or property damage
• Covering risks such as fire, flood, theft, and accidental damage