OUR SOLUTION

Engineering Insurance is a branch of Insurance that covers risks concerned with accidents related to engineering. Engineers need insurance for a wide range of scenarios and risks. With risks including accidents, injury and damage to equipment or property. Insurance for engineers can be a real benefit to help reduce the financial costs of such incidents.

CONTRACTORS ALL RISKS INSURANCE

This type of policy covers the civil works from commencement of construction to final handover (including testing/commissioning and extended maintenance – normally 12 months). The policy also normally includes a section covering claims arising from third parties (Third Party Liability) who are injured, or whose property is damaged, during the construction period.

ERECTION ALL RISKS

This type of policy insures equipment during installation and testing/commissioning, up to the point where the equipment is operational (when it then is transferred to the Fire, Property All Risks, and/or Machinery Breakdown insurance policy). This policy also contains coverage for an extended maintenance period (typically 12 months) and includes a section for Third Party Liability.

MACHINE BREAKDOWN POLICY

As the name implies, the Machine Breakdown Policy provides cover losses for sudden or unexpected damage of equipment – especially while they’re still in use. Both internal and external damages are covered in the Machine Breakdown Policy. Some of these internal damages could include lubrication defects, electrical damage, overheating, and the like. If you own a factory or refrigeration unit(s)? The Machine Breakdown Policy could also prove invaluable in the protection of your assets.

• OUR KEY ADVANTAGES / FEATURES :

• Erection Coverage

• Fire, Lightning,Explosion,Aircraft damage

• Riot, Strikes,Malicious damage

• Flood, Inundation, storm, cyclone and allied perils

• Burglary and theft etc