Engineering insurance is designed to cater and offer protection to civil work including plant & machinery which may get affected due to any sudden, unforeseen & accidental losses. Engineering policies are all risk basis I.e; all perils are covered except which are not specifically excluded, making this a first choice insurance cover for projects and large industrial installations.
Engineering insurance is divided in two major classes that cover both operational and non operational phases of civil works.
This policy has two Sections to cater for all contingencies associated with Contract work, contractor Plants & Machinery Third-party Liability arising in execution of a project.
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This policy cover for Material Damage and Liability during erection and maintenance period for your project works comprising mainly of assembly of prefabricated elements or machines manufactured off-site.
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The Comprehensive Project Insurance policy is applicable to erection and construction projects.
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This policy covers loss or damage to insured’s fixed Plant & Machinery against sudden, accidental and unforeseen physical loss or damage.
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MLOP insurance indemnifies the actual loss of gross profit sustained as a result of a business interruption.
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Boiler and Pressure Plant Insurance covers damage to boilers & pressure plant with additional coverage.
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This protect an owner as the operator, lessor, maintainer, the hirer of any electronic equipment.
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The cover is designed for Mobile Plant & Equipment used in construction sites against sudden, accidental and unforeseen loss or damage but excluding mechanical/electrical breakdown.
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The Comprehensive Machinery Insurance policy is intended to provide property cover for machinery and industrial plant.
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The cover indemnifies the insured against physical loss or damage to stocks such as frozen foods and other chilled and frozen items.
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The description mentioned about each insurance on this website is for our client's and customer's information and knowledge only. The benefits offered by these insurances as described herein will be completely dependent on the policy terms, conditions, limitations and exclusions and therefore the information provided through our website should not be misinterpreted.
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