Importance of Indemnity

Importance of Indemnity and Insurance policies in Construction Contracts Following Policies a. CAR Policy (Contractor All Risk
b. Third Party Liability c. Contractor’s Equipment d. Workmen Compensation Policy e. Open Marine Cargo Policy f. Professional
Indemnity How those policies are important, in case of any incidents how will those policies cover and what are the best wordings and Clauses to be included in those polices.