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Engineering Insurance

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    Machinery Breakdown Insurance

    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 Insurance

    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 surrounding property. The Boiler and Pressure Plant (BPP) Insurance policy covers physical loss or damage to all types of boilers and/or other pressure plants.

    Machinery Loss of Profits Insurance Policy

    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

    Electronic Equipment Insurance Policy provides comprehensive coverage against unforeseen and sudden physical loss or damage to electronic equipment and data media that occurs owing to perils other than those specifically excluded under the policy.

    Contractor's Plant and Machinery Insurance

    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 Insurance

    Wherever there is the erection or installation of machinery or equipment, there is a risk of loss or damage.EAR policies are designed to cover the risk of loss arising out of the erection and installation of machinery, plant and steel structures, including physical damage to the contract works, equipment and machinery, and liability for third-party bodily injury (BI) or property damage (PD) arising out of these operations

    Contractor's All Risks insurance

    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.

    Customer Support: 1800 266 3202 customercare@magma-hdi.co.in

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