Engineering insurance offers specialized coverage for risks associated with construction projects, machinery, and equipment. It safeguards against potential losses or damages during various phases of engineering operations.

Common Coverage Includes:

• Contractors’ All Risks (CAR):-
Provides comprehensive protection for construction projects against physical loss or damage from unforeseen events like fire, theft, or natural disasters. This policy can also be extended to include third-party liability.

• Erection All Risks (EAR):
Covers risks associated with the installation and erection of machinery or plant equipment, ensuring protection against unforeseen damages during the assembly process.

• Machinery Breakdown:
Offers coverage for sudden and unforeseen damage to plant and machinery due to internal causes like mechanical failures or electrical short circuits. This is crucial for businesses relying heavily on machinery for operations.

• Electronic Equipment All Risks:
Protects electronic devices such as computers, communication systems, and medical equipment against accidental damage, theft, or breakdown. This policy ensures that businesses can quickly recover from disruptions caused by electronic equipment failures.

• Boiler and Pressure Vessel Insurance:
Covers damages resulting from the explosion or collapse of boilers and pressure vessels, including damage to surrounding property and third-party liability. This is essential for industries utilizing such equipment in their operations.