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Engineering Insurance protects projects, machinery, and equipment against unforeseen risks during erection, construction, installation, and operational phases. It ensures financial security by covering losses arising from accidents, breakdowns, and natural or human-made hazards.
Features of Engineering Insurance:
1. Comprehensive Engineering Coverage :
Covers machinery, plant, equipment, and ongoing engineering projects against accidental damage, breakdown, and external risks.
2. Installation & Construction Risk Protection :
Provides coverage during erection, installation, testing, and commissioning phases of engineering projects.
3. Business & Project Continuity :
Minimizes financial losses caused by project delays, equipment failure, or unexpected accidents, ensuring smooth project execution.
4. Customizable Policy Options :
Tailored to suit contractors, builders, infrastructure developers, manufacturers, and industrial projects across sectors.
Enigineering Insurance Services
E.A.R
(Errection All Risk Policy)
(Errection All Risk Policy)
Covers risks during erection, installation, and commissioning of machinery and equipment.
Protects against accidental damage, breakdowns, and third-party liabilities at the project site.
C.P.M
(Contract All Risk Policy)
(Contract All Risk Policy)
Provides coverage for construction plant and machinery against accidental loss or damage.
Ensures financial protection for equipment used at project sites and during transit.
C.A.R
(Contractors’ All Risk Insurance)
(Contractors’ All Risk Insurance)
Covers civil construction projects against damage to works, materials, and structures.
Includes protection for third-party liability arising during construction activities.
Boiler Policy
Provides coverage for boilers and pressure vessels against accidental damage, explosion, or breakdown.
Ensures financial protection by covering repair costs, replacement, and associated liabilities.
