Contractor’s All Risks and Erection All Risks Policy

Contract works for roads, bridges, buildings, installation of plant and machinery are insured under a Contractor’s All Risks or Erection All Risks Policy. By this Policy, damage by fire, storm, windstorm etc to the construction works is made good by the insurance proceeds. Losses occurring during the maintenance periods are also covered until the project is handed over to the principals.

Boiler & Pressure Plant Insurance

This policy offers owners of the boiler/ pressure plant protection against

• Damage to the boilers and/or pressure vessels
• Liability of the insured by law to any third party on account of
• a. death or bodily injury
• b. damage to property caused by and solely due to explosion or collapse occurring in the course of ordinary working.

Contractors Plant and Machinery Insurance

This insurance policy provides cover against any unforeseen or sudden physical damage to property of the insured whether it is at work, at rest, In the process of being dismantled for cleaning or overhauling, been shifted within the premises and In the process of been re-erected subsequently.

Electronic Equipment Insurance

This policy provides owners and or financers with a cover against unforeseen and sudden physical loss or damage from fire and allied perils breakdown, short circuiting etc to equipment such as Computers, Medical, Bio-Medical, Micro Processors, Audio-visual equipment etc.