Question

    A policy that covers the cost of repairing or replacing

    damaged plant and machinery during construction or erection is:
    A Electronic Equipment Insurance Correct Answer Incorrect Answer
    B Machinery Breakdown Insurance Correct Answer Incorrect Answer
    C Contractor's All Risks Insurance Correct Answer Incorrect Answer
    D Marine Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Contractor's All Risks Insurance provides comprehensive coverage for various risks associated with construction projects, including damage to machinery and equipment during construction or erection.

    Practice Next