Contractors Policy

You are here:

Contractors Policy

The Contractor Policy is a policy that offer comprehensive and adequate protection against loss or damage in respect of the contract works, construction plant and equipment and/or construction machinery, as well as against third-party claims in respect or property damage or bodily injury arising in connection with the execution of a building project.

Victoire Contractors Policy consists of:





Contractors All Risk

Victoire Contractors policies, Commonly knows as C.A.R covers any construction site which includes:

  1. The foundations.
  2. The maintenance of the site.
  3. The Materials used.

C.A.R is a complete policy that offers a very wide coverage as:

  1. Fire and allied perils. 
  2. Burglary.
  3. Landslide.
  4. Act of God.
  5. Water Damages.
  6. Negligence.
  7. Others

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.

© 2018 Victoire Insurance company. All rights reserved Developed by Creatrix Digital Agency