Who can insure:
All industrial risk having plant, machinery
and specialised equipment, contractors and sub-contractors.
Cover available against:
• Contractor’s All Risk
• Erection All Risk
• Comprehensive Project Insurance
• Advance Loss of Profit following CAR/EAR
• Comprehensive Machinery Insurance
• Machinery Breakdown (MBD)
• Boiler & Pressure Vessel
• Business Interruption following MBD
• Contractor’s Plant & Equipment
• Computer & Electronic Equipment
• Deterioration of Stock following MBD
To cover civil works. The policy offers wide
coverage to property whilst under construction. The policy
is issued either in favor of principal or contractor and it
can also be jointly in favor of both parties. The policy is
also extended to cover liability to third parties.
Erection All
Risks:
The costly plants and machinery are insured
on wider terms, whilst they are being erected at site. The
policy is also extended to cover testing and maintenance period.
Here again, the policy can be issued jointly
in favor of principal and contractor. The policy is also extended
to cover liability to third parties.
Contractors
Plant & Equipments:
The contractors while working on project normally
takes with them on site heavy plant & equipment. We offer
wide comprehensive cover to issue the same.
Machinery Breakdown:
Plant & Machinery installed in industrial
units are susceptible to damage. We provide wider coverage.
Boiler:
We have Boiler Policy to cover loss or damage
to boiler. The policy is also extended to cover surrounding
property and liability to third parties.
Computer &
Electrical Equipment:
We offer wider coverage for computers and
other electrical equipments. |