Engineering Insurance

Plant All Risks

Plant-All-Risk insurance is important for everyone who operates a machinery. It covers unforeseen and sudden physical loss or damage from any cause not specifically excluded in a manner necessitating repair or replacement. It applies whether the insured items are at work or at rest or being dismantled for the purpose of cleaning or overhauling.

Machinery Breakdown

This policy provides indemnity against damage to the insured machines while at work or at rest as a result of unforeseen or sudden events.

Computer/Electronic Equipment

This covers any unforeseen and sudden physical loss or damage to the electronic equipment and/or your computers.

External data media inclusive of information stored/increase in cost of working as a result of total or partial interruption of operation of the Electronic Data Processing from any cause except excluded.

Boiler

The policy covers the result of explosion or collapse of the insured’s boilers and covers the following losses.

• Damage to insured's item i.e. the boiler.
• Damage to other property of the insured.
• Damage to property not belonging to the insured.
• Liability to the third party for fatal or non-fatal personal injuries.

Erection/Contractor's All Risks

CAR/EAR indemnifies a constructor handling a construction work, the equipment’s, plants and machineries being used in the course of the construction civil, temporary building, third party legal liability and building engineering projects are covered in this type of policy.