Provides indemnity to insured after accidental breakdown to machinery and ancillary aspects as explained below:
- Project Insurance
Provides comprehensive cover for loss or damage to the structures being erected or buildings under construction against accidental losses to the contract works. Construction, plant, equipment and machinery
- Plant and Machinery Insurance
Provides cover for contractors’ plant and machinery on an “all risks” basis except those losses excluded under the policy.
- Electronic Equipment Insurance
Provides ‘all risks’ type of cover on accidental loss and /or damage to electronic equipment such as computers, UPS, printers, external date media, equipment for medical use, communication facilities, equipment for research and testing material, increased cost of working etc. Breakdown losses are also covered.