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Contractors All Risk

Contractors-All-Risk

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