Engineering Insurance

Contractors'/ Erection All Risk Insurance (CAR/EAR)

CAR/EAR policies insure damage to any contract works, including construction plant and equipment, surrounding property, etc. The policy can be extended to insure the maintenance period in addition to the actual construction period.

These policies can also cover accidental bodily injury and damage to property of a third party caused by the Insured during contract work.

Contractors' Plant and Machinery Insurance (CPM)

CPM policy insures contractors' plant and machinery against damage or destruction within the site of construction, which can also be extended to include coverage to the insured items whilst being transported from one site to another within a specified geographical area.

Electronic Equipment Insurance (EEI)

EEI policy insures damage to electronic equipment, damage to insured's inputted data and records, as well as costs incurred to retrieve and recover lost data and records.

Machinery Breakdown Insurance (MBD)

MBD policy provides a wide range of coverage to loss or damage to machinery caused by many perils including (but not limited to) defects in casting and material, faulty design, bad workmanship, lack of skill, carelessness, shortage of water in boilers, physical explosion, short circuit or storm.

Loss of profits (including the usual standing charges) as a result of damage to machinery causing an interruption of business can also be covered as an extension.

Boiler Explosion Insurance (BEI)

BEI policy is designed for boilers in industries and factories, providing coverage for boilers and pressure vessels damaged due to explosion or implosion. The policy also covers damage to surrounding properties and liabilities for injury to third parties or damage to third party property resulting there from.