|CONTRACTOR'S ALL RISK INSURANCE PROPOSAL FORM (18.06 KB)|
Contact UsShikhar Biz Centre
Fifth to Seventh Floor,
Thapathali, Kathmandu, Nepal
P.O. Box: 10692, Kathmandu Nepal
Phone No: +977-01-4246101, 4246102
Fax No: 977-1-4246103
Shikhar Insurance Company Ltd. (SICL) is an established General Insurance Company promoted by a young team of reputed Industrial and Business Houses involved in various fields like Aviation, Banking, Manufacturing, Trading, Travel Trade, Media Houses etc.
Contractors All Risk (CAR) policy is designed to cover all types of civil engineering projects like buildings, dams, flyovers, etc. It is possible to record the interest of Principal, Contractors and Subcontractors in the policy.
This Policy broadly covers the risk of accidental physical loss or damage in respect of the contract works, during the execution of a civil project. CAR insurance provides an "all risk" cover. All perils are covered unless specifically excluded.
Cover incepts from the commencement of work or after unloading of first consignment at project site, whichever is earlier and terminates on handing over of works to the principal or expiry of policy, whichever is earlier.
Shikhar Insurance Company Ltd. started this policy from 17th November, 2004.