Contractors All Risks (CAR) Insurance

Contractors All Risks (CAR) Insurance,

Contractors All Risks (CAR) Insurance Definition:

  • A simple definition of Contractors All Risks (CAR) Insurance is: This non-standard manual was written for construction projects outside the United States and usually consists of three sections. Part I is in accordance with the building owner's risk policy regarding domestic construction projects. In addition to damaging the project under construction, it has also damaged equipment and supplies that will be included in the project, including items stored and on the way to the site. Part II provides liability insurance for personal injury (BI) and property damage (PD) as a result of works. Part III is optional coverage for Delayed Damage (DSU). This coverage is equivalent to the accident / delay disclosures available in connection with the National Producer Risk Policy. Policyholders include owners, general contractors, subcontractors and, in some cases, material and equipment suppliers. In exceptional cases, design professionals can also be insured.

Literal Meanings of Contractors All Risks (CAR) Insurance

Contractors:

Meanings of Contractors:
  1. A person or company that signs a contract to provide materials or labor to provide services or perform work

Sentences of Contractors
  1. School feeding services are provided by private businesses

Synonyms of Contractors

speculator, dealer, arranger, trader, contractor, promoter, venture capitalist, partner, fixer, manager, director, financier, entrepreneur, businessman, businesswoman, impresario

All:

Meanings of All:
  1. It is used to indicate the total number or scope of a given group or item.

  2. Used for emphasis.

  3. Used after numbers to indicate the same score (in the game).

  4. All your energy or interest.

Sentences of All
  1. Everyone I meet

  2. After the expansion, there are two more

  3. Give everything for what they believe

Synonyms of All

every one of the, each one of the, each of, every single one of the

Risks:

Meanings of Risks:
  1. To expose someone who has been harmed, harmed or damaged

Synonyms of Risks

prospect, endanger, threat, likelihood, put at risk, peril, put in danger, menace, take a chance with, venture, probability, gamble, expose to danger, wager, bet, fear, hazard, jeopardize, danger, chance

CAR:

Meanings of CAR:
  1. A four-wheeled road vehicle that is machine driven and can carry very few people.

Sentences of CAR
  1. He got into the car

Synonyms of CAR

motor, automobile, machine

Insurance:

Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in return for payment of a premium.

Synonyms of Insurance

shelter, preventive measure, financial protection, defence, cover, safeguard, protection, immunity, surety, indemnity, safety measure, indemnification, security, precaution, provision