New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which insurance policy covers the construction phase of

    a building project?
    A Machinery Breakdown Correct Answer Incorrect Answer
    B Contractor's All Risks Correct Answer Incorrect Answer
    C Electronic Equipment Insurance Correct Answer Incorrect Answer
    D Marine Hull Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Contractor's All Risks (CAR) insurance provides comprehensive coverage for various risks associated with construction projects, including damage to materials, equipment, and the work itself.

    Practice Next