Contractors All Risk

PERILS/RISK COVERED
 
Fire
Theft
Accident from any fortuitous cause
Wear and Tear and depreciation
Damage/Deterioration occasioned by moth or vermin or by any process of clearing, repairing or rusting
War or warlike operation, civil commotion
Mechanical derangement and electrical breakdown
Detention or confiscation by custom or other authorities
Consequential loss
10% of claim amount for each and every loss payable
 
PERILS/RISK NOT COVERED
 
Wear and Tear and depreciation
Damage/Deterioration occasioned by moth or vermin or by any process of clearing, repairing or rusting
War or warlike operation, civil commotion
Mechanical derangement and electrical breakdown
Detention or confiscation by custom or other authorities
Consequential loss
 
EXCESS/DEDUCTIBLE
 
10% of claim amount for each and every loss payable