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A comprehensive engineering insurance, the Erection All Risk Insurance policy covers all the parties involved the erection work, including processes like erection, storage, testing as well as commissioning.
This insurance policy provides coverage for higher costs or financial losses incurred due to delays in an infrastructure and construction project.
Any physical damage experienced by the machinery due to any unforeseen circumstances or accidents is covered under the machinery breakdown insurance.
The Boiler and Pressure Plant Insurance covers the repair or replacement of equipment; extended boiler insurance can also cover damage to third party for bodily injury and/or property caused by the explosion or collapse.
Machinery insurance covers for machinery repair and damage, safeguarding your planned finances from this loss of expected profit.
The Contractors Plant and Machinery Policy is form of machinery insurance which covers movable plant equipment and machinery such as bulldozers, cranes, excavators, etc.
A contractor’s all risk insurance policy can be taken as a cover for various risks that can cause a civil engineering project to run into losses.
A very beneficial insurance for engineers, this type of insurance provides an all risk Insurance cover in case of breakdowns or damages to electronic devices used in a business.
Civil Engineering is innovation in practice, and it is what builds up and directs a country toward the path of progress. However, such large scale construction operations are accompanied by a tangible degree of risk in terms of loss or damage to the raw materials and machines, or even delay or harm to the actual structures. This is where Engineering Insurance comes into play, to secure it all.
The Client has highly appreciated the inputs and report from Mr. Sudhanshu.
Its because of him we were able to convince the client to move to Liberty along with local sales support.
We find the report is very exhaustive in bringing out the risk exposures and the works the client has to carry out for risk elimination. Surely the client will be benefited by the suggestions you have put forth.
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