Contractors All Risk Insurance in UAE

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Buy Any Insurance offers Contractors' All Risks Insurance quotes online in Dubai, UAE. Our comprehensive policies shield you from unexpected risks, preventing major material losses & third-party liability claims. Select a policy that fits your needs, and safeguards you when it matters most. Request a quote today!

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Benefits of Contractor's All Risk Policy in the UAE

Here are some advantages of getting Construction All Risk Insurance in Dubai, UAE:

  • Financial Protection: Accidents can occur on project sites due to natural disasters, theft, vandalism, and fires. With the appropriate construction all-risk insurance, you can obtain coverage for equipment and machinery, ensuring comprehensive protection.
  • Risk Management: In the dynamic environment of construction projects, where numerous workers handle complex tools and machinery, accidents are always a possibility. Contractor's All Risk Insurance allows you to transfer these risks to the insurance company, ensuring protection for the project against unforeseen incidents.
  • Compliance with Legal Regulations: According to Dubai Emirate law, contractors must get an insurance policy from an insurance provider to obtain a construction work permit. This policy should cover any potential damage or loss resulting from the contractor's construction activities.

What does contractors all-risk insurance cover?

General Inclusions

Construction all-risk insurance policies vary, but you can typically find some essential inclusions, such as the following:

  • Material Damages or Losses: It covers damages or losses to your assets due to:
    • Fires, lightning, and explosions.
    • Natural disasters such as floods, storms, earthquakes, and windstorms.
    • Robbery, burglary, and malicious damage.
    • Collapse, collision, and accidental damage during construction.
  • Third-Party Liability: Construction all-risk insurance policies protect third parties against bodily injury, disease, or death resulting from construction activities.
  • Maintenance Cover: This type of insurance coverage secures contractors against any damage or loss that occurs during the maintenance period under the contract, provided that the damage or loss originated during the insurance period.

General Exclusions

Most Contractor's All Risk Policies do not cover any damage or liability resulting from:

  • War, civil war, rebellion, revolution, mutiny, civil commotion, etc.
  • Intentional acts of negligence.
  • Nuclear radiation and nuclear reaction.
  • Collapse or breakdown due to errors in judgment and faulty design.
  • Gradual deterioration of condition.
  • Penalties arise from infringement of terms and conditions.
  • Damage resulting from the use of poor-quality materials.
  • Acts of terrorism.
  • Pollution and contamination.
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