Construction and Erection Risks (CAR/EAR)

Construction and Erection Insurance (CAR/EAR) is recommended for both investors and contractors involved in construction projects. CAR/EAR insurance operates on an all-risks basis and is arranged for the duration of the contract. It secures the entire investment process, covering not only the constructed and installed structures but also the equipment and machinery used, as well as the construction site facilities. CAR/EAR policies extend to all parties involved in the project, including the investor, substitute investor, general contractor, and subcontractors.