Engineering Policies
Engineering insurance refers to the insurance that provides economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation.
Contractors-All-Risk Policy
This is a package policy covering all risks to which a construction project is exposed.
Section I of the policy covers property insured on the project site against any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.
Section II indemnifies you against sums you shall become legally liable to pay as damages consequent upon accidental bodily injury to or illness of third parties and accidental loss of or damage to property belonging to third parties occurring in direct connection with the construction items insured and happening on or within the immediate vicinity of the site.
For special projects and contracts, we would welcome the opportunity to hold discussion with you to reach a solution that will meet your requirements.
Erection All Risk Policy
The Erection policy offers all risks cover for Plant, Machinery, and equipment or Steel Structures in the course of installation including commissioning and testing.
Third Party bodily injury or property damages are also covered.
Electronic Equipment Policy
This policy is specially designed to cover electronic/electrical systems like communication facilities, computers and other electronic data processing equipment against any unforeseen and sudden physical loss or damage by any cause (other than the exclusions specified in the policy), in a manner necessitating repair or replacement.