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Engineering Insurance

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    Machinery Breakdown Policy covers your mechanical and electrical machinery and equipment for which you are responsible or held in trust and/or commission at the insured premises.

    Boiler Pressure Plant Policy covers the boiler and pressure vessel you own against explosion, implosion and collapse. It can be extended to cover third party liability and other specified risks. The Boiler and Pressure Plant (BPP) Insurance policy covers physical loss or damage to all types of boilers and/or other pressure plants, where steam is generated.

    When a loss occurs due to any of the perils covered under Machinery /Boiler Loss of Profit Policy, you will be insured for the reinstatement/ repair/ replacement of the damaged machinery.

    Electronic Equipment Insurance Policy covers electronic equipment you own or the ones which you are responsible.

    Specially designed to protect the interest of civil contractors, our Contractor's Plant & Machinery Policy ensures that you are well covered against the damage or destruction of various civil engineering projects. These projects include accidental damage to civil construction works, contractor's plants & machinery at the construction site and damage/ defects during the subsequent period of maintenance for which you are liable under the terms of the agreement between the contractors and the principle.

    Erection All Risk (EAR) insurance protects principal and contractors, manufacturers and suppliers erecting machinery and plant etc. against financial loss. This may be due to any sudden fortuitous and unforeseen causes resulting in loss or damage to the property insured at the project site whilst being stored, erected, tested and commissioned.

    The Contractors All Risks (CAR) Insurance offers comprehensive coverage for all types of civil construction risks. The coverage for physical loss or damage to property is on an 'All Risks' basis, i.e. the policy insures against damage to property in the course of construction by all sudden, accidental and unforeseen causes other than specified excluded perils and subject to the terms and conditions of the policy.

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