Engineering Insurance
A comprehensive policy that covers risks related to the installation, operation, and maintenance of machinery and equipment, including:
- Fire, Collapse, Earthquake, Storm, Flood, and Water Damage
- Additional coverage for third-party liabilities, storage, and construction risks
Key lines include:
- Contractor’s All Risks (CAR)
- Erection All Risk (EAR)
- Machinery Breakdown (MBD)
- Contractor’s Plant & Machinery (CPM)
- Contractor’s Third-Party Liability (CTPL)
- Boiler and Pressure Vessel