AIG Contractor All Risk Insurance Malaysia

AIG Contractor All Risk Insurance Malaysia

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04/11/2020

Contractors’ All Risks and Er****on All Risks insurance

Via ACPG Whatsap +6011-12239838

ACPG Whatsapp Team

http://wasap.my/+601112239838/ContractorAllRiskinsurance

What is Contractors’ All Risks & Er****on All Risks insurance?

These 2 policies are designed to meet the insurance obligation placed upon Contractors under the contract conditions.

Contractors’ All Risks

Covers buildings and civil engineering works under construction

Er****on All Risks

Covers plants, machinery, equipment and steel structures like bridges in the course of er****on

Key coverage

Here is an overview of your coverage

Contractors' All Risks / Er****on All Risks

Contractors' All Risks / Er****on All Risks

Material Damage

Covers against sudden and unforeseen physical loss or damage to contract or er****on works/property/items

Third Party Liability

Covers third party liability for which we shall become legally liable to pay as damages consequent upon

Accidental bodily injury or illness of third party

Accidental loss or damage to property belonging to third party

Occurring in direct connection with the works and happening at or in the immediate vicinity of the site.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Contractors’ All Risks (CAR) is a policy designed to meet the insurance obligations placed upon Contractors under the

contract conditions.

The policy covers the works to be executed in accordance with the contract, temporary works, materials, construction plant and equipment brought into the site and liabilities arising out of the performance of the contract. In general, CAR insurance is intended to cover buildings and civil engineering works under construction.

Coverage

Section I – Material Damage

This section covers almost any sudden and unforeseen physical loss or damage occurring (except as specifically excluded) to the contract works/property/items insured, during the period of insurance.

It has separate cover for:-

Contract Work – includes permanent and temporary work

Construction Plant & Equipment – consisting of worker’s accommodation, storage shed, preparation & mixing

plant, scaffolding, utilities (electricity, water supply)

Construction Machinery – all plant and machinery which renders its service only when moving and under control

of an operator.

This would include earth moving equipment, cranes and the like, as well as site vehicles not licensed for use on public roads, whether such machinery is owned or hired by the contractor.

Principal’s Existing/ Surrounding Properties – property located on the site as well as property surrounding the site belonging to or held in care, custody or control of persons named in the policy as the insureds.

Removal Of Debris – incurred for the removal of debris from the site in the event of loss indefinable under

the policy

Professional Fees – the expenses incurred in engaging consultants for consultation work following a loss indefinable under the policy

Basis of Sum Insured

Contract Works – the full value of the contract works at the completion if the construction inclusive of materials, wages,

freight, custom duties dues and materials or item supplied by the Principal, including contingency sums.

Construction Plant & Equipment/ Construction Machinery – the replacement values of construction, plant & equipment;

which shall mean the cost of replacement of the insured items by new items of the same kind and same capacity

Removal of Debris/ Professional Fees – usually XX% of contract value as stipulated by the contract

Third Party Liability (Under Section II) – to be selected by you and is usually stipulated by the contract

Section II – Third Party Liability

Section II of the policy is in respect of third party liability for which you shall become legally liable to pay as damages

consequent upon:-

(i) accidental bodily injury to or illness of third party

(ii) accidental loss or damage to property belonging to third party occurring in direct connection with the works and happening at or in the immediate vicinity of the site occurring during the period of cover.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Malaysia Insurance Corporate Agency

ACPG Management Sdn Bhd (Insurance Biz since Year 1989)

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

+603-92863323, +6011-12239838, +6012-6489838

For more information or quotation enquiry, please contact our ACPG Whatsapp Team

http://wasap.my/+601112239838/ACPGinsuranceenquiry







****onAllRiskinsurance

21/10/2020

Contractors’ All Risks and Er****on All Risks insurance

Via ACPG Whatsap +6011-12239838

ACPG Whatsapp Team

http://wasap.my/+601112239838/ContractorAllRiskinsurance

What is Contractors’ All Risks & Er****on All Risks insurance?

These 2 policies are designed to meet the insurance obligation placed upon Contractors under the contract conditions.

Contractors’ All Risks

Covers buildings and civil engineering works under construction

Er****on All Risks

Covers plants, machinery, equipment and steel structures like bridges in the course of er****on

Key coverage

Here is an overview of your coverage

Contractors' All Risks / Er****on All Risks

Contractors' All Risks / Er****on All Risks

Material Damage

Covers against sudden and unforeseen physical loss or damage to contract or er****on works/property/items

Third Party Liability

Covers third party liability for which we shall become legally liable to pay as damages consequent upon

Accidental bodily injury or illness of third party

Accidental loss or damage to property belonging to third party

Occurring in direct connection with the works and happening at or in the immediate vicinity of the site.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Contractors’ All Risks (CAR) is a policy designed to meet the insurance obligations placed upon Contractors under the

contract conditions.

The policy covers the works to be executed in accordance with the contract, temporary works, materials, construction plant and equipment brought into the site and liabilities arising out of the performance of the contract. In general, CAR insurance is intended to cover buildings and civil engineering works under construction.

Coverage

Section I – Material Damage

This section covers almost any sudden and unforeseen physical loss or damage occurring (except as specifically excluded) to the contract works/property/items insured, during the period of insurance.

It has separate cover for:-

Contract Work – includes permanent and temporary work

Construction Plant & Equipment – consisting of worker’s accommodation, storage shed, preparation & mixing

plant, scaffolding, utilities (electricity, water supply)

Construction Machinery – all plant and machinery which renders its service only when moving and under control

of an operator.

This would include earth moving equipment, cranes and the like, as well as site vehicles not licensed for use on public roads, whether such machinery is owned or hired by the contractor.

Principal’s Existing/ Surrounding Properties – property located on the site as well as property surrounding the site belonging to or held in care, custody or control of persons named in the policy as the insureds.

Removal Of Debris – incurred for the removal of debris from the site in the event of loss indefinable under

the policy

Professional Fees – the expenses incurred in engaging consultants for consultation work following a loss indefinable under the policy

Basis of Sum Insured

Contract Works – the full value of the contract works at the completion if the construction inclusive of materials, wages,

freight, custom duties dues and materials or item supplied by the Principal, including contingency sums.

Construction Plant & Equipment/ Construction Machinery – the replacement values of construction, plant & equipment;

which shall mean the cost of replacement of the insured items by new items of the same kind and same capacity

Removal of Debris/ Professional Fees – usually XX% of contract value as stipulated by the contract

Third Party Liability (Under Section II) – to be selected by you and is usually stipulated by the contract

Section II – Third Party Liability

Section II of the policy is in respect of third party liability for which you shall become legally liable to pay as damages

consequent upon:-

(i) accidental bodily injury to or illness of third party

(ii) accidental loss or damage to property belonging to third party occurring in direct connection with the works and happening at or in the immediate vicinity of the site occurring during the period of cover.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Malaysia Insurance Corporate Agency

ACPG Management Sdn Bhd (Insurance Biz since Year 1989)

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

+603-92863323, +6011-12239838, +6012-6489838

For more information or quotation enquiry, please contact our ACPG Whatsapp Team

http://wasap.my/+601112239838/ACPGinsuranceenquiry







****onAllRiskinsurance





















Contractors’ All Risks and Er****on All Risks insurance

Via ACPG Whatsap +6011-12239838

ACPG Whatsapp Team

http://wasap.my/+601112239838/ContractorAllRiskinsurance

What is Contractors’ All Risks & Er****on All Risks insurance?

These 2 policies are designed to meet the insurance obligation placed upon Contractors under the contract conditions.

Contractors’ All Risks

Covers buildings and civil engineering works under construction

Er****on All Risks

Covers plants, machinery, equipment and steel structures like bridges in the course of er****on

Key coverage

Here is an overview of your coverage

Contractors' All Risks / Er****on All Risks

Contractors' All Risks / Er****on All Risks

Material Damage

Covers against sudden and unforeseen physical loss or damage to contract or er****on works/property/items

Third Party Liability

Covers third party liability for which we shall become legally liable to pay as damages consequent upon

Accidental bodily injury or illness of third party

Accidental loss or damage to property belonging to third party

Occurring in direct connection with the works and happening at or in the immediate vicinity of the site.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Contractors’ All Risks (CAR) is a policy designed to meet the insurance obligations placed upon Contractors under the

contract conditions.

The policy covers the works to be executed in accordance with the contract, temporary works, materials, construction plant and equipment brought into the site and liabilities arising out of the performance of the contract. In general, CAR insurance is intended to cover buildings and civil engineering works under construction.

Coverage

Section I – Material Damage

This section covers almost any sudden and unforeseen physical loss or damage occurring (except as specifically excluded) to the contract works/property/items insured, during the period of insurance.

It has separate cover for:-

Contract Work – includes permanent and temporary work

Construction Plant & Equipment – consisting of worker’s accommodation, storage shed, preparation & mixing

plant, scaffolding, utilities (electricity, water supply)

Construction Machinery – all plant and machinery which renders its service only when moving and under control

of an operator.

This would include earth moving equipment, cranes and the like, as well as site vehicles not licensed for use on public roads, whether such machinery is owned or hired by the contractor.

Principal’s Existing/ Surrounding Properties – property located on the site as well as property surrounding the site belonging to or held in care, custody or control of persons named in the policy as the insureds.

Removal Of Debris – incurred for the removal of debris from the site in the event of loss indefinable under

the policy

Professional Fees – the expenses incurred in engaging consultants for consultation work following a loss indefinable under the policy

Basis of Sum Insured

Contract Works – the full value of the contract works at the completion if the construction inclusive of materials, wages,

freight, custom duties dues and materials or item supplied by the Principal, including contingency sums.

Construction Plant & Equipment/ Construction Machinery – the replacement values of construction, plant & equipment;

which shall mean the cost of replacement of the insured items by new items of the same kind and same capacity

Removal of Debris/ Professional Fees – usually XX% of contract value as stipulated by the contract

Third Party Liability (Under Section II) – to be selected by you and is usually stipulated by the contract

Section II – Third Party Liability

Section II of the policy is in respect of third party liability for which you shall become legally liable to pay as damages

consequent upon:-

(i) accidental bodily injury to or illness of third party

(ii) accidental loss or damage to property belonging to third party occurring in direct connection with the works and happening at or in the immediate vicinity of the site occurring during the period of cover.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Malaysia Insurance Corporate Agency

ACPG Management Sdn Bhd (Insurance Biz since Year 1989)

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

+603-92863323, +6011-12239838, +6012-6489838

For more information or quotation enquiry, please contact our ACPG Whatsapp Team

http://wasap.my/+601112239838/ACPGinsuranceenquiry







****onAllRiskinsurance

Contractors’ All Risks and Er****on All Risks insurance

Via ACPG Whatsap +6011-12239838

ACPG Whatsapp Team

http://wasap.my/+601112239838/ContractorAllRiskinsurance

What is Contractors’ All Risks & Er****on All Risks insurance?

These 2 policies are designed to meet the insurance obligation placed upon Contractors under the contract conditions.

Contractors’ All Risks

Covers buildings and civil engineering works under construction

Er****on All Risks

Covers plants, machinery, equipment and steel structures like bridges in the course of er****on

Key coverage

Here is an overview of your coverage

Contractors' All Risks / Er****on All Risks

Contractors' All Risks / Er****on All Risks

Material Damage

Covers against sudden and unforeseen physical loss or damage to contract or er****on works/property/items

Third Party Liability

Covers third party liability for which we shall become legally liable to pay as damages consequent upon

Accidental bodily injury or illness of third party

Accidental loss or damage to property belonging to third party

Occurring in direct connection with the works and happening at or in the immediate vicinity of the site.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Contractors’ All Risks (CAR) is a policy designed to meet the insurance obligations placed upon Contractors under the

contract conditions.

The policy covers the works to be executed in accordance with the contract, temporary works, materials, construction plant and equipment brought into the site and liabilities arising out of the performance of the contract. In general, CAR insurance is intended to cover buildings and civil engineering works under construction.

Coverage

Section I – Material Damage

This section covers almost any sudden and unforeseen physical loss or damage occurring (except as specifically excluded) to the contract works/property/items insured, during the period of insurance.

It has separate cover for:-

Contract Work – includes permanent and temporary work

Construction Plant & Equipment – consisting of worker’s accommodation, storage shed, preparation & mixing

plant, scaffolding, utilities (electricity, water supply)

Construction Machinery – all plant and machinery which renders its service only when moving and under control

of an operator.

This would include earth moving equipment, cranes and the like, as well as site vehicles not licensed for use on public roads, whether such machinery is owned or hired by the contractor.

Principal’s Existing/ Surrounding Properties – property located on the site as well as property surrounding the site belonging to or held in care, custody or control of persons named in the policy as the insureds.

Removal Of Debris – incurred for the removal of debris from the site in the event of loss indefinable under

the policy

Professional Fees – the expenses incurred in engaging consultants for consultation work following a loss indefinable under the policy

Basis of Sum Insured

Contract Works – the full value of the contract works at the completion if the construction inclusive of materials, wages,

freight, custom duties dues and materials or item supplied by the Principal, including contingency sums.

Construction Plant & Equipment/ Construction Machinery – the replacement values of construction, plant & equipment;

which shall mean the cost of replacement of the insured items by new items of the same kind and same capacity

Removal of Debris/ Professional Fees – usually XX% of contract value as stipulated by the contract

Third Party Liability (Under Section II) – to be selected by you and is usually stipulated by the contract

Section II – Third Party Liability

Section II of the policy is in respect of third party liability for which you shall become legally liable to pay as damages

consequent upon:-

(i) accidental bodily injury to or illness of third party

(ii) accidental loss or damage to property belonging to third party occurring in direct connection with the works and happening at or in the immediate vicinity of the site occurring during the period of cover.

The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Malaysia Insurance Corporate Agency

ACPG Management Sdn Bhd (Insurance Biz since Year 1989)

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

+603-92863323, +6011-12239838, +6012-6489838

For more information or quotation enquiry, please contact our ACPG Whatsapp Team

http://wasap.my/+601112239838/ACPGinsuranceenquiry







****onAllRiskinsurance

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Telephone

Address


158-3-7 Kompleks Maluri Jalan Jejake Taman Maluri Cheras
Kuala Lumpur
55100

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00