365 AGENCY
Contractor's All Risks
CONTRACTOR'S ALL RISKS
The Contractor's All Risks policy is specially designed to cover engineering projects involving construction of buildings and other civil engineering works. The Contractor's All Risks insurance provides coverage against:
Section I - Material Damage
This section of the insurance covers the contract works of the insured against any sudden and unforeseen physical loss or damage from fire, lightning, collapse, collision, impact, malicious damage, theft/burglary, flood, windstorm, subsidence & landslide and any other causes unless specifically excluded.
Section II - Third Party Liability
This section of the insurance covers the liability of the insured against any liability in respect of third party bodily injury or property damage arising out and in the course of the construction works upon;
• Accidental bodily injury or illness to third parties
• Accidental loss of or damage to property belonging to third
parties
Occurring in direct connection with the construction works and happening on or in the immediate vicinity of the site during the period of insurance.
The Contractor's All Risks policy is specially designed to cover engineering projects involving construction of buildings and other civil engineering works. The Contractor's All Risks insurance provides coverage against:
- Material damage to work under construction.
- Damage and loss to contractor's plant, machinery and equipment.
- Damage to Principal's existing property.
- Damage to third party property and/or bodily injury arising in connection with the contract work.
Section I - Material Damage
This section of the insurance covers the contract works of the insured against any sudden and unforeseen physical loss or damage from fire, lightning, collapse, collision, impact, malicious damage, theft/burglary, flood, windstorm, subsidence & landslide and any other causes unless specifically excluded.
Section II - Third Party Liability
This section of the insurance covers the liability of the insured against any liability in respect of third party bodily injury or property damage arising out and in the course of the construction works upon;
• Accidental bodily injury or illness to third parties
• Accidental loss of or damage to property belonging to third
parties
Occurring in direct connection with the construction works and happening on or in the immediate vicinity of the site during the period of insurance.
Recent news on constrution incidents:
Taman Desa apartment project suffers partial collapse, four believed injured
https://www.thestar.com.my/news/nation/2020/02/14/taman-desa-apartment-project-suffers-structural-collapse-four-believed-injured
Fire breaks out at a construction site near Solaris Mont’ Kiara
https://www.edgeprop.my/content/1678601/fire-breaks-out-construction-site-near-solaris-mont%E2%80%99kiara
Works Ministry: Report on scaffolding collapse at DASH construction site ordered
https://www.thestar.com.my/news/nation/2021/06/20/works-ministry-report-on-scaffolding-collapse-at-dash-construction-site-ordered
Taman Desa apartment project suffers partial collapse, four believed injured
https://www.thestar.com.my/news/nation/2020/02/14/taman-desa-apartment-project-suffers-structural-collapse-four-believed-injured
Fire breaks out at a construction site near Solaris Mont’ Kiara
https://www.edgeprop.my/content/1678601/fire-breaks-out-construction-site-near-solaris-mont%E2%80%99kiara
Works Ministry: Report on scaffolding collapse at DASH construction site ordered
https://www.thestar.com.my/news/nation/2021/06/20/works-ministry-report-on-scaffolding-collapse-at-dash-construction-site-ordered
365 Agency Sdn Bhd (1375549-U)
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Image by Gerd Altmann from Pixabay
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STANDARD RISKS
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INDUSTRIAL RISKS
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We are also in partnership with international reinsurance companies as well as provider of insurance for 40 public listed companies in Malaysia. Hence we can cater to large specialized and customized insurance needs. Talk to us today if you have a need that cannot be fulfilled by smaller insurance agencies. Smaller agencies also has the opportunity to partner with us and tap into our vast network as well. We are a member of PIAM, Persatuan Insuran Am Malaysia.
Contact us for more information
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Address:
365 Agency Sdn Bhd (1375549-U) 38-2, Jalan Ramin 2/ks7, Bandar Botanic 41200 Klang, Selangor Contact: 03-3319 9468 FB: https://www.facebook.com/365AgencySdnBhd Email: insurance@365grp.com
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