engineering insurance

Engineering insurance is a form of insurance designed to cater and offer protection to owners or operators of construction sites whose properties, plant & machinery may get affected due to sudden, unforeseen & accidental losses upon the occurrence of any insurable peril and/or by causes of sudden and accidental breakdowns not brought about by wear & tear.

Contractor's all risk insurance

This policy has two Sections to cater for all contingencies associated with Contract work. 

Section I : Material Damage
This Section covers loss or damage to contract work and other ancillary facilities on comprehensive basis. 

Section II : Third Party Liability
This Section covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract work.  The policy provides protection throughout the construction period followed by a 12 month maintenance period. 

For more details on Contractor’s All Risks Insurance, please e-mail :

erection all risk insurance

The scope of cover is like the Contractor’s All Risks Insurance but specifically designed for Erection/Installation projects, where the values of the Plant/Equipment dominates the Contract Value.

For more details on Erection All Risks Insurance, please e-mail :

machinery insurance

This policy covers loss or damage to insured’s fixed Plant & Machinery against sudden, accidental and unforeseen physical loss or damage including losses covered by mechanical/electrical breakdowns.

It is a condition under the policy that Sums Insured declared should represent the New Replacement Values and that there shall be a satisfactory Maintenance Programme throughout the period of Insurance. 

For more details on Machinery Insurance, please e-mail :

form 1

form 2

contractors plant and machinery insurance

The cover is designed for Mobile Plant & Equipment used in construction sites against sudden, accidental and unforeseen loss or damage but excluding mechanical/electrical breakdown. The same criteria apply as in the case of Machinery Insurance.

For more details on Contractors Plant and Machinery Insurance, please e-mail :

Deterioration of Stock Insurance

This insurance cover financial losses brought about by the deterioration of stocks held in cold rooms & chambers following loss or damage to such chambers arising from the occurrence of a peril insured under the machinery insurance policy. Therefore, existence of a machinery insurance policy and an occurrence of an event triggering a claim under the machinery policy is a pre-condition for a claim to be maintain under the deterioration of stocks policy.

For more details on Deterioration of Stock Insurance, please e-mail :

Electronic Equipment Insurance

This policy covers sudden and unforeseen accidential losses to electronic equipment used as tools of trade in business or manufacturing processes in so far as the causes of breakdown are not within the ambit of policy exclusions. This insurance covers only loss or damage to hardware. Software may be included with the Insurer’s agreement, subject to no indemnity is provided against data/information loss following the breakdown of the computer or equipment.

For more details on Electronic Equipment Insurance, please e-mail :