Engineering Insurance
Engineering Insurance
About Engineering Insurance
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.
Our Engineering Policies
- Contractors All Risk
- Erection All Risk
- Contractors Plant & Machinery
- Machinery Breakdown
- Boiler & Pressure Plants
Contractor’s Plant & Machinery (CPM) Policy
Covers loss or damage to construction plant and machinery due to accidents, fire, theft, natural calamities, and handling risks at project sites, including during operation and maintenance, along with optional third-party liability cover.
Erection All Risk (EAR) Policy
Provides comprehensive coverage for loss or damage during erection, testing, and commissioning of machinery and steel structures, including fire, collapse, human error, and natural perils, with optional third-party liability protection.
Machinery Breakdown Insurance.
Physical damage to any machinery or equipment in a factory can pose a big loss to the business. Factories need to be prepared for such breakdowns in order to continue working smoothly and overcome the loss. To meet with such eventualities, factories can purchase machinery breakdown insurance.