Engineering Insurance
 

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.

 
 
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