About Engineering Insurance
This insurance product is essential for contractors, subcontractors, project owners and engineers whereby it provides coverage for risks associated with construction projects, machinery, and equipment.
Common types of engineering insurance covers;
This covers loss or damage to the construction project itself, including materials, equipment, and temporary structures due to events
It protects the policyholder (insured) against risks involved in the erection ( installation) of machinery, plant, and steel structures, including property damage and bodily injuries to third parties.
This provides coverage for accidental damage to completely installed machinery resulting from sudden and unforeseen causes.
This provides coverage for electrical and electronic equipments used in construction projects, during installation and after installation process

Contractors All Risks (C.A.R)

Erection All Risks (E.A.R)

Machinery Breakdown (MB)