Contractor's all risks Insurance

Bao Viet provides comprehensive protection solutions for construction and erection work against unexpected unforeseen risks, and losses to third parties during the construction process.

Experienced professionals in engineering insurance

Providing a nationwide extensive network of sales points and branches with 24/7 customer service

Consulting for risk management and recommending solutions to prevent and minize loss Handling claims quickly with high expertise and extensive experience in settling large and complex claims

Fast and timely claim settlement

Long-standing relationship with leading international reinsurers and brokers

Customers

Government agencies
Factories and enterprises
Other organizations and individuals

Scope of the insurance

CAR insurance coverage includes material damage to the construction works, and also third party liabilities during contruction period.

The coverage of each policy is designed flexibly to meet the needs of each project. Besides, the extensions are designed to provide additional coverage to meet the needs of clients.
Contractor's All Risks Insurance is the most comprehensive insurance program, designed to cover unexpected and unforeseen damage to insured property, third-party caused by risks not excluded by the insurance wording.
In addition to the main coverage mentioned above, depending on the risk information and the Insured’s budget, Bao Viet will advise on designing a quote with appropriate additional benefits.

the business interruption policy

following the material damage policy will indemnify for financial losses due to reduction in turnover and/or increase in cost of working during the period of business interruption in consequence of insured loss under the physical damage insurance.