The Importance of Construction Insurance in India: Ensuring Project Safety and Continuity
Contractors all risk insurance especially construction insurance is one of the insurances that is supposed to cater for construction projects through offering adequate insurance. This insurance covers the actual project construction damage as well as other related damages to the third party. Some of the risks include; fire, theft, flood, and even human mistakes, and it makes sure that if there are some challenges, it does not have to bring the whole project to a halt.
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