How Contractors All Risk Insurance Helps Manage Project Risks Effectively Contractors all risk insurance is a form of policy that is specific to construction contractors as it seeks to cover all risks within a construction project. Contrary to the general liability insurance it covers the contractor and the employer interests. This policy provides for compensation in the event of physical loss or damage to construction works, materials and equipment and legal liability to third parties during the life of the construction project. https://firstpolicy.com/services/property-insurance/