Contractors All Risk Insurance

This policy is specially designed to provide compensation to the insured in the event of physical damage to/or disruption of work in progress, contract work, construction plant and equipment and/or construction machinery and other similar items brought to the site,

Who needs the policy?

  • Contractors
  • Firms commissioned to carry out the work, including subcontractors
  • Project owners
  • Parties financing the project

What does it Cover?

  • Fire and Allied Perils
  • Flood, Water Damage for Wet Risks
  • Collapse
  • Faults in erection/ construction
  • Human errors, negligence

Cover Exclusions

  • War and Nuclear risks
  • Willful Act or Willful Negligence of the Insured
  • Partial/total cessation of Work
  • Defective material or bad workmanship
  • Normal wear and tear
  • Normal Maintenance
  • Loss or damage due to faulty design
  • Contractual liabilities
  • Consequential losses

Send us a Message

Get a call back, ask more questions

Start Today to Secure Your Future

We have products to help you protect various aspects of your life from personal needs to your business needs. Get a quote or learn more.

Guinea Insurance has always lived up to its name; consistently one step ahead of the industry in the provision of better and affordable risk management solutions. We are a major player in the provision of first-rate financial risk solutions in the General and Special Risks business underwriting categories. We have established a reputation for exceptional competence in the delivery of customer-centric services and product innovation. With a strong capital base, highly qualified professionals, and modern technology, Guinea Insurance PLC became widely acknowledged for speed and efficiency and thus, remained the preferred insurer for individual and corporate clientele seeking premium insurance and related financial services to date.


Guinea Insurance House
33 Ikorodu Road Jibowu, Lagos.

Copyright © 2022 Guinea Insurance Company Limited RC1808. Authorised & Regulated by the National Insurance Commission RIC N0. - 017