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What is Engineering Insurance?

Engineering insurance is a specialized type of insurance that provides comprehensive coverage for construction projects, machinery, equipment, and engineering works. It protects against various risks associated with construction, installation, and operation of engineering projects and equipment.

Key Benefits of Engineering Insurance:

  • Protection against construction and erection risks
  • Coverage for machinery breakdown and equipment failure
  • Protection against natural disasters and weather risks
  • Coverage for third-party liability and property damage
  • Protection against business interruption and loss of profit
  • Coverage for testing and commissioning risks
Engineering Insurance

Why You Need Engineering Insurance?

Engineering insurance is essential for protecting your construction projects, machinery, and equipment from various risks. It provides comprehensive coverage against construction hazards, equipment failures, and business interruptions that could impact your engineering operations.

Risk Protection

Covers construction risks, machinery breakdown, natural disasters, and equipment failure during engineering projects.

Financial Security

Protects your investment in machinery and equipment, ensures project continuity, and covers business interruption losses.

Peace of Mind

Execute engineering projects with confidence knowing your equipment and operations are protected with comprehensive coverage.

Contractors All Risk Insurance

Comprehensive protection for construction projects against all risks during the construction period.

  • Coverage for construction works and materials
  • Protection against fire, explosion, and natural disasters
  • Coverage for theft, vandalism, and malicious damage
  • Protection against third-party liability
  • Coverage for construction plant and equipment
  • Protection against design and specification errors
  • Coverage for testing and commissioning risks
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Erection All Risk Insurance

Specialized coverage for erection, installation, and commissioning of machinery and equipment.

  • Coverage for erection and installation works
  • Protection against machinery damage during installation
  • Coverage for testing and commissioning risks
  • Protection against third-party liability
  • Coverage for professional fees and additional costs
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Advance Loss of Profit Insurance

Protection against loss of profit due to delay in completion of construction or engineering projects.

Coverage Features:

  • Coverage for loss of profit due to project delays
  • Protection against increased cost of working
  • Coverage for additional expenses during delay period
  • Protection against loss of revenue and income
  • Coverage for penalty and liquidated damages
  • Protection against market share loss
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Contractors Plant & Machinery Insurance

Comprehensive coverage for construction plant, machinery, and equipment used in construction projects.

  • Coverage for construction plant and machinery
  • Protection against breakdown and mechanical failure
  • Coverage for theft and malicious damage
  • Protection against fire and natural disasters
  • Coverage for third-party liability
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Machine Breakdown Insurance

Specialized coverage for sudden and unforeseen breakdown of machinery and equipment.

  • Coverage for sudden mechanical breakdown
  • Protection against electrical and electronic failure
  • Coverage for repair and replacement costs
  • Protection against business interruption
  • Coverage for additional expenses and overtime
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Benefits of Engineering Insurance

Engineering insurance offers comprehensive protection and numerous advantages that make it an essential investment for every construction and engineering business. Here are the key benefits you can enjoy:

Project Protection:

  • Complete coverage for construction and erection risks
  • Protection against machinery breakdown and equipment failure
  • Coverage for natural disasters and weather risks
  • Protection against third-party liability

Business Security:

  • Financial protection for your engineering investments
  • Coverage for loss of profit and business interruption
  • Protection against increased cost of working
  • Flexible policy options for different project types

Additional Services & Support:

  • 24/7 engineering risk monitoring and assessment
  • Expert engineering insurance advisory services
  • Quick and efficient claim processing
  • Coverage for all types of engineering projects
  • Technical support and risk management services