Engineering Insurance

 

 

* Contractors' All Risks Policy (CAR):-

   - Covers any project under construction during the construction period & maintenance period, it also covers third party liability against bodily injury or property damage , and covers the natural hazard (Act of God).

(Such as: Buildings–Bridges–Roads–Tunnels–Sewage system …etc)

 

* Erection All Risks Policy (EAR):-

   - Covers all engineering erection works, during the erection period, testing & maintenance period, it also covers third party liability against bodily injury or property damage , and covers the natural hazard (Act of God).

(Such as: erection works inside plants such production lines, elevators, or control panel, and many other outside projects such as pipelines.

 

* Contractors' Plant & Machinery Insurance (CPM):-

   - Covers all contractors' plant & machinery ,which used on the construction sites on annual basis, and covers the natural hazard (Act of God)..

(Such as: Winch, Loaders, Tractors, Generators, Concrete pumps …etc)

 

* Machinery Insurance (M.):-

   - Covers plant machinery & mechanical equipment at work, at rest or during maintenance operation during the policy period.

(Such as: Boilers, Control panels, Turbines …etc)

 

* Electronic Equipment Insurance (EE.):-

   - Covers sudden & unforeseen losses which physically affect all electrical & electronic systems ,and covers the natural hazard (Act of God).

 (Such as: Computers, Lap tops, Air conditioners, Copiers, Medical equipments, Communication facilities …etc).

 

* Machinery Loss of Profits (MLOP) Insurance:-

   - Indemnifies the actual loss of gross profit sustained as a result of a business interruption caused by an accident covered under machinery insurance.

 

* Deterioration of Stock (DOS) Insurance:-

   - Indemnifies the deterioration of goods in cold storage due to breakdown of refrigerating machinery.

(Such as: cheese, fish, meet, vaccines & medicine)

                                                              

* Civil engineering complete risks (CECR) insurance:-

   - Designed to grant comprehensive cover for civil engineering structures after their completion against fire hazard, Act of God , land slide …etc)

 

 

 

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