This policy offers comprehensive protection for civil engineering projects, such as building construction, roadwork, and bridges. It covers unexpected and sudden physical loss or damage to the contract works from any cause not specifically excluded. This coverage can also extend to a wide range of on-site materials, tools, and equipment. CARI is particularly important as it protects against risks like fire, flood, storm, collapse, and accidental damage that can occur during the construction period. It also includes Third-Party Liability, which provides indemnity against claims for bodily injury or property damage to third parties arising from the project.
