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Engineering

Undergo all your business operations without worrying about any unforeseen incidents and choose between a variety of Insurance policies under the engineering arm of our insurance policies.

Contractor’s All Risk

This insurance policy provides coverage against unforeseen and sudden physical losses or damages to civil contract works, contractors Plant and Machinery, Temporary facility, and principal existing property as well as providing cover to the contractor against possible liabilities towards third parties.

Erection All Risks

This insurance policy provides coverage against unforeseen and sudden physical losses or damages to electrical or mechanical erection project works, contractors’ plant and machinery, temporary facility as well as principal existing property which includes loss or damages during testing or commissioning. In addition, this insurance policy may also provide cover to the contractor against possible liabilities towards third parties.

Contractor's Plant & Machinery

This policy provides contractors with plant and machinery coverage against unforeseen and sudden physical losses or damages from any cause except those excluded under the policy.

Boilers & Pressure Vessels

This policy covers the explosion or collapse of boilers and/ or other pressure related vessels resulting from:

Machinery Breakdown

This type of policy covers sudden and unforeseen physical losses or damages to machinery due to electrical, mechanical or external causes which are not specifically excluded under the policy.

LOP – Loss of Profit due to Machinery Breakdown

Loss of Profit due to Machinery Breakdown In the event of a machinery or plant breakdown, the resultant monetary loss due to the halting of the production process could be enormous; thus, this insurance policy was specifically designed to indemnify the insured against the below eventualities:

Electronic Equipments

This type of policy covers physical losses or damages to electronic or electrical equipment such as Electronic Data Processing (EDP) equipment, Electrical Equipment like medical, communication and navigational equipment due to any unforeseen and sudden cause.

Deterioration of Stock

This type of policy is issued in combination with Machinery Breakdown policy, and covers deterioration of stock kept in cold storage due to the breakdown of refrigerating machinery.