1-Contractors’ All Risk Insurance
Provides contract works with all-risks coverage during the construction phase against unexpected physical loss or property damage, third party liability for bodily injury or property damage, and its execution and/or maintenance.
2-Erection All Risk Insurance
Covers all risks associated with the construction of steel structures, machinery, and plants, as well as third-party claims for sudden, unforeseen physical loss or damage that occurs during construction, testing, or commissioning or during routine maintenance and calls for repair, replacement, or reinstating the structure.
3-Contractor’s Plant & Machinery Insurance
Provides protection against damage or destruction to the contractor’s plant and machinery on the job site, either on an individual «Project» basis or on a «Annual» basis.
4-Machinery Breakdown Insurance
Provides coverage for the financial loss experienced by the insured due to loss of or damage to machinery as a result of an unanticipated incident occurring during the insurance period.
5- DETERIORATION OF STOCK INSURANCE POLICY
This type of policy is issued in combination with Machinery Breakdown policy, and covers the deterioration of stock kept in cold storage due to the breakdown of refrigerating machinery.
6-Electronic Equipment Insurance
compensates for any physical loss or damage to valuable and sophisticated computer equipment brought on by an insured peril, such as negligence, willful acts of third parties, fire, lighting, flooding, burglary, Acts of God, short circuits, etc.