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Project insurance

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Project insurance

Project Insurance

Project insurance or the contractor’s all risk policy offers an adequate and comprehensive coverage against any kind of loss or damage caused to the contract-based workers as well as equipment and construction plant. It also provides coverage for third party claims in respect of bodily injury or property damage.

The policy is beneficial for the architects, engineers and financiers as it reduces the overall expenses of construction along with the protection of involved parties.

 

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