Côte d’Ivoire introduces two mandatory insurance policies in the construction sector

The Ivorian government has adopted a bill introducing two compulsory insurance policies in the construction sector: Construction All Risks Insurance (CAR) and Decennial Liability Insurance (DLI).

These mandatory insurance requirements apply to all stakeholders involved in construction projects, including construction companies, project owners, developers, and property owners.

CAR insurance covers material damage and bodily injury occurring during the execution of construction works. This policy must be underwritten before the commencement of construction.

DLI provides coverage for a period of ten years against material damage that may affect the structural integrity or use of a building after the works have been formally accepted by the project owner.