Engineering Insurance

1- Contractors All Risks (C.A.R)

This insurance policy addressed Mainly to Contractors / Principal during construction Phase For Civil Works to cover any sudden and unforeseen physical loss such as:

Buildings
Roads
Bridges
Tunnels
Dams
Harbors…. etc
Quays

Main Perils are Covered under C.A.R policy
including but not limited to:

Fire
Theft and Burglary
Natural Hazards
Collapse
Land Subsidence
Explosion
Lack of Skills
Fault in Construction

Other cause of loss not explicitly excluded.

Extension Cover including but not limited to:

Maintenance Cover
Faulty Design
Inland transit
Cessation of works
Removable of debris
Supplementary Property Covered under C.A.R policy beside primary scope of works including but not limited to:
Temporary buildings
Principal's Existing property
Construction Plant and Machinery
Contractors Plant and Equipment
Property in offsite storage
Legal Liability against third party arising from Implementation of Scope of works (Bodily injury and property damage)
Cross liability
2- Erection All Risks (E.A.R)

This insurance policy addressed Mainly to Contractors / Principal during Erection Phase and Testing and Commissioning Phase For Electromechanical works to cover any sudden and unforeseen physical loss such as:

Machinery and Equipment
Factory production line
Power Plant
Press

Main Perils are Covered under C.A.R policy
including but not limited to:

Fire
Theft and Burglary
Natural Hazards
Explosion
Faulty Design
Lack of Skills
Fault in Erection
Inland transit

Other cause of loss not explicitly excluded.

Extension Cover including but not limited to :

Maintenance Cover
Manufacturer risks
Inland transit
Cessation of works
Removable of debris
Supplementary Property Covered under E.A.R policy beside primary scope of works including but not limited to:
Temporary buildings
Principal's Existing property
Erection Plant and Machinery
Erection Plant and Equipment
Property in offsite storage
Legal Liability against third party arising from Implementation of Scope of works (Bodily injury and property damage)
Cross liability
3- Contractors plant and Machinery (C.P.M)

This insurance policy addressed Mainly to cover External Damage to contractors' plant and Machinery against any sudden and unforeseen physical loss during operation, rest and maintenance such as:

Cranes
Loaders
Excavators
Forklift
Tunnel Boring Machines
Compressors
Generators

Main Perils are Covered under CPM policy
including but not limited to:

External Fire
Theft and Burglary
Natural Hazards
Fault in operation
Collision
Falling objects
Lack of skills

Other cause of loss not explicitly excluded.

Extension Cover including but not limited to:

Inland transit
4- Machinery Breakdown (MB)

This insurance policy addressed Mainly to cover internal Damage to Machinery against any sudden and unforeseen physical loss during operation, rest and maintenance such as:

Cranes
Loaders
Excavators
Forklift
Compressors
Generators
Factory production line
Refrigerators

Main Perils are Covered under MB policy
including but not limited to:

Internal Fire
Fault in operation
Explosion
Lack of skills
Faulty design

Other cause of loss not explicitly excluded.

Consequential Cover to Machinery Breakdown insurance Policy:

Deterioration of Stock

This insurance policy cover deterioration of Stock to any Type of Commodities such as Chicken, meat, Dairies, fruits and Vegetables deteriorated due to Failure of Refrigerators.

Loss of Profit due to Machinery Breakdown

This insurance policy Cover Gross profit and fixed cost incurred by policy stake holder during business interruption period due to Machinery Breakdown.
Business interruption period Limited to the period of Machinery repair or replacement.

5- Electronic Equipment policy (EE)

This insurance policy addressed Mainly to cover Electronic Equipment against any sudden and unforeseen physical loss during operation, rest and maintenance such as:

Computers
Printers
Medical Equipment (X rays, Sonar, laboratory devices …. etc.)
Control units
Servers
Cameras
Laptops

Main Perils are Covered under EE policy
including but not limited to:

Fire
Lightening
Storm
Burglary
Lack of skills
Short circuit
Fault in operation

Other cause of loss not explicitly excluded.

Optional cover:

Increased cost of Working:

The expense incurred by insured to rent an alternative electronic equipment during business interruption following Covered loss.

External data Media:

- The expense of external data media (CD’s and other storage media).
- Cost of Reconstruction data Following to covered loss.

6- Civil Engineering Completed Risks insurance Policy (CECR)

This insurance policy addressed to Principal and operators to cover Civil Engineering Completed risks against unforeseen and sudden physical loss during operation phase.

Main Perils are Covered under CECR policy
including but not limited to:

Fire, Lightning, explosion, impact of land borne or Waterborne vehicles.
Impact of aircraft and other aerial devices or articles dropped there from.
Earthquake, Volcanism, tsunami.
Storm (air movements stronger than grade 8 on the Beaufort Scale).
Flood or inundation, wave action or water
Subsidence, landslide, rockslide or any other earth movement.
Frost, Avalanche, ice.
Vandalism by single person.
For any inquiries feel free to send us a message