This policy is specially designed to give financial protection to the Civil Engineering Contractors in the event of an accident to the civil engineering works under construction.
In case the policy period exceeds 12 months, the premium can be paid in quarterly instalments with the first instalment being more by 5% and the last instalment being paid 6 months before expiry of the policy.

The policy can be taken by the principal, contractor or sub contractor, jointly or separately.

The policy comprises of 2 Sections :

• Section I
  Material Damage-covering physical loss, damage or destruction of the property insured by any cause, other than those specifically excluded in the policy.
• Section II
  Third Party Liability-covering the legal liability falling on the insured contractor as a result of bodily injury or property damage belonging to a third party.