Business insurance
Contractors All Risk Insurance in Ghana
All-risks cover for construction and civil engineering projects.
In brief
Contractors All Risk (CAR) insurance covers building and civil engineering projects against sudden, accidental physical loss or damage to the works, plus liability to third parties — under a single policy for the duration of the contract.
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Contractors All Risk is priced by an underwriter for your needs. Tell us about it and we’ll prepare a firm quote.
Request a quote →What’s covered
- Permanent and temporary works
- Construction materials on site
- Fire, flood, storm and collapse
- Third-party injury and property damage
- Principal, contractor and sub-contractors
- Optional maintenance / defects period
What’s not covered
- Defective materials or workmanship (the item itself)
- Wear, tear and corrosion
- Loss from cessation of work
- Penalties for delay or non-completion
- Existing surrounding property unless extended
Who it’s for — Project owners, main contractors, civil engineers and developers undertaking construction or civil works — from a single building to major infrastructure.
What does a CAR policy cover?
Contractors All Risk combines two sections. The material damage section covers the permanent and temporary works, materials and (optionally) plant against accidental damage from causes such as fire, flood, storm, collapse and faulty execution. The third-party liability section covers your legal liability for injury or property damage to others arising from the works. Cover can include the principal, contractor and sub-contractors.
Who should arrange Contractors All Risk?
Either the project owner (employer) or the main contractor can take out CAR, and most construction contracts in Ghana require it. A single project policy, or an annual policy for smaller works, keeps every party on site protected for the build period and the maintenance phase.
FAQs
Frequently asked questions
Is CAR insurance required for construction projects?
Can sub-contractors be covered too?
Does it cover the project after completion?
Need to make a claim?
We pay valid claims, fairly and quickly. See the four steps and the documents you’ll need.
With Provident, you’re covered
Get an indicative quote now, or talk to an agent at any of our 11 branches.