Engineering Insurance

Engineering Insurance

Construction All Risks (CAR)


Covers (fire, lightning, explosion, theft, etc.) unforeseen and sudden physical loss or damage of construction materials that contractor may have faced from pre-storage phase through completion. Maintenance Period covers can be provided for the phase between substantial to final acceptance.

 

Erection All Risks (EAR)


Covers unforeseen and sudden physical loss or damage that contractor may have faced from pre-storage phase through completion.

Machinery Loss of Profit (MLoP) can be provided as additional cover.

 

Machinery Breakdown Insurance (MB)


After trial period of machines, the MB insurance covers unforeseen and sudden physical loss or damage, necessitating immediate repair or replacement while operating and / or stopping, issuing maintenance, revision, replacement.

Machinery Loss of Profit (MLoP) can be provided as additional cover.

Comprehensive Machinery Breakdown Insurance (CMI): This insurance covers, with broad coverage, physical loss and damage to the machines and properties in the industrial facilities, power plants.

 

Electronic Equipment Insurance (EEI)


After trial period of electronic equipments, the EEI covers unforeseen and sudden physical loss or damage, necessitating immediate repair or replacement while operating and / or stopping, issuing maintenance, revision, replacement.