Contractors Policy

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Contractors Policy

Contractors’ Insurance Policies generally cover risks during the construction period for project/contract works against loss or damage to property, third party liability for accidental bodily injury or property damage in connection with a construction project/contract.


Victoire “CONTRACTORS POLICY” consists of:





Contractors All Risk

Contractors All Risk (C.A.R) Insurance provides an “all risks” cover against any sudden or unforeseen loss or damage, due to an accident occurring to the property insured on the construction site.

It also covers Third (3rd) Party claims arising in connection with the construction site.

It includes other coverage such as Fire and allied perils, Burglary, landslide, natural disasters, water Damages, and more.

Erection All Risk

Victoire Erection All Risk insurance that offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind, as well as third-party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project.

E.A.R provides a very wide cover. Almost any sudden and unforseen loss or damage occuring to the property insured on the erection site during the period of insurance will be indemnified. The insurer will indemnify loss or damage due to the following causes:

  1. Fire, Lightning, Explosion.
  2. Flood, Inundatiom.
  3. Windstorm of any kind.
  4. Earthquake.
  5. Theft, Burglary.
  6. Faults in erection.
  7. Negligence, Lack of skill, Lack of experience, Malicious acts.
  8. Short-circuiting, Arcing, Excess voltage.
  9. Excess pressure or vacuum, Tearing apart on account of centrifugal force.
  10. Any other sudden and unforeseen even, such as loss or damage due to collapse, Foreign objects, On-site transport of items to be erected, etc.

Decennial Liability

Victoire Decennial Liability insurance covers the costs associated with any possible crash or destruction of the building after its conclusion.

This policy covers the 10 years period after the completion of the project.

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