Engineering Insurance

Ensure financial security for your construction projects.

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Key benefits

1. All Contractor Risks Insurance (CAR): insurance for physical damage to the works and liability of the investor and contractor for third party injury and property damage during execution of construction projects

2. All-risks of installation (EAR): insurance benefits are the same as CAR products but are insurance for installation projects

3. Contractor's machinery and equipment insurance (CPM): compensation for material loss of the contractor's machinery and equipment

4. Machinery damage insurance: insurance for losses due to mechanical or electrical failure of the machine itself during operation

5. Boiler insurance

6. Electronic equipment insurance

CAR/EAR insurance application structure	1. Part I - Physical Damage (MD)  Covers for physical damage (unexpected and unforeseen) to the construction/installation items of the Works, if not included in the policy's exclusions. In which, the insurance conditions must ensure compliance with the current compulsory Construction Insurance regulations.  2. Part II - Third Party Liability (TPL)  Covers the Insured's liabilities for third party property damage and personal injury, arising from construction/installation activities.
Key insurance risks	Natural disasters (storms, floods, lightning strikes, earthquakes)  Fire, explosion  Careless Loss  Malicious actions, sabotage  Loss (indirect) due to defects in materials, poor workmanship, design defects (depending on the coverage selected)  (Insurance in Part I is coverage for all risks not listed in the Exclusions of the Policy)
General exclusions	War  Terrorism  Nuclear  Intentional acts of the Insured or his representative  Interruption of work (in whole or in part)  Insurance related to the embargo Risks directly related to computer networks

CAR/EAR insurance application structure 

1. Part I - Physical Damage (MD) 
Covers for physical damage (unexpected and unforeseen) to the construction/installation items of the Works, if not included in the policy's exclusions. In which, the insurance conditions must ensure compliance with the current compulsory Construction Insurance regulations. 

2. Part II - Third Party Liability (TPL) 
Covers the Insured's liabilities for third party property damage and personal injury, arising from construction/installation activities. 

Key insurance risks

Natural disasters (storms, floods, lightning strikes, earthquakes) 
Fire, explosion 
Careless Loss 
Malicious actions, sabotage 
Loss (indirect) due to defects in materials, poor workmanship, design defects (depending on the coverage selected)

(Insurance in Part I is coverage for all risks not listed in the Exclusions of the Policy) 

General exclusions

War 
Terrorism 
Nuclear 
Intentional acts of the Insured or his representative 
Interruption of work (in whole or in part) 
Insurance related to the embargo
Risks directly related to computer networks

Resources

form

Application form - Contractor's all risks

Download

form

Application form - Erection All Risks

Download

form

Application form - Machinery Breakdown

Download

Need to Make a Claim?

Our claims specialists are here to help you every step of the way with fast, responsive support when you need it most.

Report a Claim

Engineering Insurance

Key benefits

1. All Contractor Risks Insurance (CAR): insurance for physical damage to the works and liability of the investor and contractor for third party injury and property damage during execution of construction projects

2. All-risks of installation (EAR): insurance benefits are the same as CAR products but are insurance for installation projects

3. Contractor's machinery and equipment insurance (CPM): compensation for material loss of the contractor's machinery and equipment

4. Machinery damage insurance: insurance for losses due to mechanical or electrical failure of the machine itself during operation

5. Boiler insurance

6. Electronic equipment insurance

We have got your needs covered

Resources

Application form - Contractor's all risks

Application form - Erection All Risks

Application form - Machinery Breakdown

Need to Make a Claim?