It covers damage to works, materials, and equipment on site due to perils such as fire, flood, theft, explosion, or construction-related accidents. Third-party liability for property damage or bodily injury is also included.

Owners, contractors, and subcontractors involved in civil infrastructure or building projects should obtain this coverage to protect their financial interests.

Coverage begins from the start of construction and continues until project completion or handover, including testing and commissioning if applicable.

Standard policies exclude design defects, but extensions like Design Defect Endorsements or LEG clauses can be added for enhanced protection.