Engineering Insurance provides coverage against loss of or damage to your property during the construction of buildings, factories and installations of electrical and machineries and the like involve a potential risk of accident in the workplace that could have given negative consequences such as loss of time and opportunity to the contractors, sub-contractor or principal.
Types of coverage that we offer:
- Contractor All Risks (CAR) Insurance
This policy offers comprehensive and appropriate protection Physical Loss or Damage during construction period of cover to the risk object or any part thereof such as construction of building (hotel, office, etc.), plant or other Civil engineering project as well as 3rd party claims in respect of property damage or bodily injury arising in connection with a project.
- Erection All Risks (EAR) Insurance
This policy offers comprehensive and appropriate protection against Physical Loss or Damage during installation period of machinery, equipment or electrical installation as well as steel structures and other industrial facilities.
Moreover, the above coverage can be extended with:
- Strike, Riot & Civil Commotions.
- Third Party Liability.
- Maintenance Period.
- Testing and Commissioning Period.
- Existing Surrounding Property.
- Clearance of Debris.
We also provide others Engineering Insurances such as:
- Machinery Breakdown Insurance.
- Contractor’s Plant and Machinery Insurance.
* The above is only general explanation. Please contact to our Marketing Department for detail explanation.