III IC-77 Practice Questions - III IC-77 Engineering Insurance Exam

In a Contractors All Risks (CAR) policy, when does the period of insurance typically commence?

When the first premium installment is paid When the contractor begins work or unloading of first materials at the site Upon handover of the completed project to the principal On the date the contract is signed between principal and contractor

Correct Answer:

When the contractor begins work or unloading of first materials at the site

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