General Overview
No construction site is ever the same as another. Therefore, risk factors always differ depending on the project processes and nature of operations on-site. Whether looking to get coverage for your machinery and equipment, ongoing construction, or installation projects, the Engineering Insurance plans we offer are the missing tool to protect everyone and safeguard anything on and off-site.
Contractor’s All Risks (CAR)
The CAR insurance plan provides coverage for property loss or damage that might occur during the period of your construction or renovation project. It includes protection against associated risks such as equipment damage and third-party injury and damage claims.
Erection All Risks (EAR)
The EAR insurance plan provides coverage for risks arising during the installation phase. Your machinery, plant, and temporary structures erected on-site are fully protected against loss or damage, including third-party bodily injuries resulting from the operations.
Machinery Breakdown (MB)
The MB insurance plan primarily covers you against electrical or mechanical malfunctions or failures that your machinery can potentially suffer. The policy includes coverage for loss and damage, regardless of whether or not your machinery was in operation.
Electronic Equipment (EE)
The EE insurance plan is a way for you to cover unforeseeable losses or physical damage done to your electronic devices and equipment on-site. Your electronic gadgets, computer hardware, and medical and communication equipment are more susceptible to accidental damage, therefore deserve the proper protection.
Solutions you may want to consider
