Page 127 - BASIC PRINCIPLES OF QUANTITY SURVEYING PROFESSIONAL PRACTICES

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6.2.3 Related Insurances for Construction Project

❑ Several types of insurance policies are frequently used in the
execution of construction projects. This is in accordance with

the contract's terms and conditions.

1) Public Liability Insurance

The contractor ought to get Public Liability Insurance to

cover his or her liability for public harm and death, as well
as property damage, caused by the contractor's and sub-

contractors' negligence during their work.

2) Workmen Compensation

The Contractor is responsible for insuring against
employee claims for compensation for personal injury,

death, or illness sustained while on the work. Employees
who earn more than RM 2,000.00 per month are covered

under insurance.

3) Insurance of Works

This insurance is required of the contractor to cover
claims for job loss and damage caused by fire, lightning,

explosions, and other natural disasters while the project
is in progress.

4) Contractor’s All Risk (CAR)

Contractors can take out this insurance in lieu of public

compensation insurance and employment insurance

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