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Contractor’s All Risk


What it covers
A Contractor All Risk Insurance is designed to provide provide coverage for a project work on damages and third party liability arises from accidental and unforeseeable cause.

  • The policy insure for multiple parties involved in the project. The owners, contractor, architects and consultants are some of the parties which may be named as insured to the policy.
  • It is usually purcahsed before the commencement of a project work by either the contractor or the developer for the entire project period. The policy will also covers for the defect liability period after the completion of the project.
  • The sum insured of the policy is usually the project value. Other considerations may include the principal existing property, Removal of Debris, professional fees and machinery used.
  • The choice on the value of third party liability will depends on the complexity of the project, the neighbouring properties and owners, Traffic situation and the requirement under the contract.

Enhance your coverage
There are several areas which the policy can be enhanced.

There may be time when additional parties may need to enter the site. They can be specified in the policy as a Third party or name insured, depending on the nature of their involvement to the project.

In preparation of claims, adjuster can be pre-approved by the insuerer and named in the policy. The cost of preparing and compiling claims can also be claimable under the policy.

In arranging for a policy on the project, it may be necessary to consider if there are any items are not available in Singapore and need additional freight cost in bringing them in. Is there any offsite fabrication or storage, which you will need to include in the policy?

Find a Broker
To know more on the contractor’s all risk insurance, please email us at:
Email :
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Product Description

A Contractor All Risk Insurance is designed to provide provide coverage for a project work on damages and third party liability arises from accidental and unforeseeable cause.

AWG: Covid19 Announcement

Dear Valuable Clients and Partners, 

Following the suspension of activities at workplace premises under the elevated safe distancing measures announced by the Ministry of Health (MOH) on 3rd April 2020, we would like to announce the following changes to our work so as to continue our service to our customers. 

AWG Insurance Brokers is a key member of the financial service industry and we are exempted from the suspension. We will continue to provide services to our customers, but with the following measures and changes. 

Closure of Office to walk-in Customers. 
We will no longer allow walk-in submission of documents. The office will not be opened to the public and you will need to submit any Original Documents to our Letter Box placed at our office. If Original is not required, we will encourage sending via email. This is to reduce human contacts and reducing the risk of infection. 

Working from home
Our staff and management will be taking turns to work at home. We will have a reduced workforce during this period. Many insurance companies also have their staff working from home. You may still contact your servicer at the DID in their email. 

Premium Payment

We will not be able to receive cash payment from customer and all payment is to be made via Paynow with UEN No : 199002234G, QR Code (reflected on our debit note) and Cheques. Please indicate the policy/policies number that you pay and email to for any funds transfer 

MAS has also announced recently on the availability of premium installment. We have not gotten any update from insurers as of today and will update you soonest once we have any information.  

Claim function is probably the most important part of our existence. We continue to assist and advise you on any claims matter. For claims payment, we would advise that you opt for direct fund transfer to your designated account number if the option is available. 

We apologize if there is any inconvenience caused and wish you good health amidst this difficult time.