On a construction site, disaster can happen at any time. This can result in the crippling, unforeseen costs that can affect your company's finances. You also face the risk of being held liable for third-party damages. Contractors All Risk covers you for these risks related to your construction project that you can become legally liable for.

No, your staff should be covered under the Workmen's Compensation Act.

This product is most suitable for contractors, firms commissioned to carry out work (including subcontractors, purchasers or the owner of the project/site), and parties that are financing the project.

This policy can be broken into two sections: The first is for the actual site. This will cover the materials purchased for the project and any perils that are out of your control like rain, fire, storms, etc. that can cause on-site damage or loss. The other section is public liability which covers your legal liability for damages to the areas surrounding the site and property which is not under your care, arising as a result of your project.

Your Contractors All Risk policy is project-specific so only project-specific items can be covered under the policy. Tools are movable and can be used on multiple sites, so they are better catered for under a General Business policy (for the small tools).