Engineering Insurance

 

This insurance covers losses due to delays in building projects in the construction or installation project machinery, and electronic equipment damage due to accidents. This insurance consists of:

 

CONTRACTOR’S ALL RISK INSURANCE

Covering the risk of loss and/or damage to buildings or other civil works during the construction period and can be expanded with the assurance during the maintenance period and including guaranteed legal liability to third parties.

 

ERECTION ALL RISK INSURANCE

Covering the risk of loss and/or damage to machinery during installation, testing and can be expanded with the assurance during the maintenance period including guarantee and legal liability to third parties.

 

ADVANCE LOSS OF PROFIT INSURANCE

Covering loss of profit caused by perils covered by CAR/EAR (as a consequence of physical damage).

 

CONSTRUCTION PLANT AND EQUIPMENT ALL RISK INSURANCE

Covering loss of and/or damage to heavy machinery and other equipment used during construction and during operational.

 

HEAVY EQUIPMENT INSURANCE

Covering loss and/or damage to heavy equipment and the like used during operational period.

 

ELECTRONIC EQUIPMENT INSURANCE

Covering loss and/or damage to equipment or electronic equipment used for electronic data processing, communication facilities, medical equipment, and so forth.

 

MACHINERY BREAKDOWN INSURANCE

Covering losses incurred due to sudden damage to the engine of industrial and non industrial.

 

 

BUSINESS INTERRUPTION FOLLOWING MACHINERY BREAKDOWN INSURANCE

Covering financial losses incurred as a result of damage that is covered in the Machinery Breakdown Insurance.