This is specially designed policy to protect the interest of the contractors and principal as well as the sub-contractor, Lender (Bank/financial Institution) in respect of Civil Engineering project like construction of building, road, bridge, dam, canal, tunnels, water supply, irrigation etc. This is all risk policy covering every risk, which is not specially exclude.
All such risks normally include,
Exclusion
Under this policy,Company will not indemnify the Insured in respect of loss, damage or liability directly or indirectly caused by or arising out of or aggravated by -
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