Financial Security
A Contractor All Risk Insurance plan helps you prepare for unexpected repair costs, replacement expenses, project delays, and third-party liabilities instead of facing financial challenges alone.
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Contractor All Risk Insurance is a specialized insurance solution designed to protect contractors, builders, and construction businesses from financial losses arising from unexpected risks during construction projects. It provides financial protection against accidental damage to construction works, materials, machinery, and third-party liabilities, helping minimize the impact of unforeseen project-related risks.
In Nepal, construction projects involve various risks such as natural disasters, accidental damage, theft, fire, and third-party property or bodily injury claims. Contractor All Risk Insurance provides comprehensive protection for contractors and project owners against such risks and helps manage potential financial challenges during the construction period.
Contractor All Risk Insurance is generally designed for construction projects including buildings, infrastructure works, civil engineering projects, and other development activities. Coverage may include damage to contract works, construction materials, temporary structures, construction equipment, and third-party liabilities depending on the policy terms and selected coverage options.
Essential protections such as Contractor All Risk Insurance are often overlooked because construction projects may progress smoothly under normal conditions. However, unexpected incidents can result in significant financial losses, delays, and additional project expenses.
For instance, without Contractor All Risk Insurance, contractors may have to bear the complete cost of repairing damaged structures, replacing materials, and handling third-party claims from their own resources. Such unexpected liabilities can affect project completion, cash flow, and business stability.
Therefore, while the primary purpose of Contractor All Risk Insurance is to provide financial protection against construction-related risks, there are several important reasons why such insurance is valuable for contractors and businesses in Nepal.
Choose from suitable Contractor All Risk Insurance coverage options designed according to your project type, contract value, construction activities, and risk exposure.
Contractor All Risk Insurance plans in Nepal are designed to provide financial and legal protection to contractors against construction-related risks. The main features include:
Together, these features make Contractor All Risk Insurance more than just project protection. It acts as a valuable financial safeguard, helping contractors in Nepal manage unexpected construction risks and maintain project stability.
Insurance helps reduce unexpected financial strain and keeps renewal and claims journeys clearer when losses occur.
A Contractor All Risk Insurance plan helps you prepare for unexpected repair costs, replacement expenses, project delays, and third-party liabilities instead of facing financial challenges alone.
United Ajod combines non-life insurance experience with branch-led support so you can confidently manage your insurance requirements.
Discuss project value, construction risks, contract requirements, and policy conditions to create protection that fits your business needs.
Products are offered within Nepal’s non-life insurance framework, with policy documents clearly outlining coverage terms and conditions.
Use downloads for forms, or reach out via contact channels for checklists and timelines.
We value every customer with a VIP-level experience, delivering prompt support, transparent guidance, and insurance coverage tailored to protect contractors against unexpected construction-related risks.
We are committed to providing prompt assistance, transparent communication, and dedicated support throughout your insurance journey.
Our claims process is streamlined for speed and simplicity, with a significant number of claims settled promptly. A digital-first approach minimizes paperwork and ensures faster turnaround times.
Whether it is a weekday, weekend, or public holiday, our support team remains available 24/7 to assist you with queries, claims, or policy updates.
Select suitable Contractor All Risk Insurance coverage options based on project type, contract value, construction period, and risk protection requirements.
With a strong branch network and accessible support channels, United Ajod helps customers receive insurance services and assistance whenever required.
Our customer support team assists with policy servicing, renewals, endorsements, and claim-related queries throughout the policy period.
Visit one of our nearest branch or contact our customer support team.
Select a suitable plan based on your project type, contract value, construction activities, coverage requirements, and level of protection needed.
Provide your personal details along with the proposal form details.
Complete payment and any required KYC verification as guided by our team.
You'll receive policy documents hard copy along with SMS confirmation. Policy Pdf file will also be sent to your email address.
You can reduce the chances of Contractor All Risk Insurance claim rejection by paying attention to the following important factors.
Many claims are rejected simply because the policyholder is unaware of what their insurance covers. Always read your policy document to understand the inclusions, exclusions, and conditions.
Providing incorrect information about project value, construction type, location, duration, or activities may lead to claim complications or rejection. Always provide complete and accurate information while purchasing the policy.
Keep updated records of contracts, project documents, invoices, construction progress reports, material records, and other supporting documents required during the claim process.
Claims may be affected if losses occur due to negligence, failure to follow safety standards, unauthorized changes, or improper construction practices. Maintaining proper safety procedures helps protect claim eligibility.
In case of construction damage, accident, or any covered incident, notify United Ajod as soon as possible and follow the required claim procedures.
Renew your policy before its expiry date to ensure continuous coverage and uninterrupted financial protection.
You can access United Ajod through these options:
Download our mobile app from the App Store or Google Play.
Visit our website at united-ajod.com for detailed information.
Coverage depends on the selected policy plan, project type, contract value, construction activities, and policy terms. Please contact United Ajod or refer to your policy document for details about eligible projects.
The maximum coverage amount depends on project value, insured amount, selected coverage options, and policy conditions. Contact United Ajod or consult a branch advisor for suitable coverage options.
Contractor All Risk Insurance may provide third-party liability protection for eligible claims involving accidental bodily injury or property damage caused during construction activities, as per policy terms.
Common exclusions may include normal wear and tear, poor workmanship, intentional damage, contractual penalties, gradual deterioration, and other exclusions specified in the policy document.