- 0114700100, 0771472475
- csaibl@assetline.lk
- 120, 120A, Pannipitiya Road, Battaramulla, Sri Lanka
Engineering Insurance
Engineering insurance provides economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation.
Contractor's All Risk
Contractors’ All Risk Insurance policy offers comprehensive and adequate protection against loss or damage in respect of the contract work. This policy consists of two main apsects; - Material damages; covers physical loss or damage during construction work - The third party liability; covers…
Erection All Risk
Erection All Risk Insurance provides comprehensive and adequate protection against all the risk involved in the erection, testing and commissioning of machinery, plant etc. This policy contains two main aspects; - Material damages; covers physical loss or damage during erection work - The third…
Boiler Insurance
The explosion risk granted under the standard fire policy excludes explosion damage to boilers and pressure vessels and its contents by its own explosion. The standard boiler policy covers; - Damage to the insured item itself following explosion and collapse or deterioration of the boiler or pressure…
Electronic Equipment
Electronic Equipment Insurance is an accident insurance on an all risk basis covering sudden and unforeseen losses, which materially affect the item insured. The standard policy covers following risks; - Fire, lightning, explosion, falling aircraft - Smoke, soot, corrosive gases - Water and humidity,…
Contractor's Plant & Equipment
This class of insurance covers plant and machinery used in construction/erection site. This policy basically provides an all risk cover in respect of loss and damage to the equipment by means such as fire, impact of all kinds, toppling over, flood, storm, malicious damage, theft, collision etc.
Machinery Breakdown
Most plant and machinery from a sizeable of the capital outlay of any industrial concern, and is exposed to various operational hazards. This insurance policy provides the insurance cover for plant and machinery at work or at rest during maintenance operation.
Deterioration of Stocks
Deterioration of stock in cold storage insurance policy covers the losses due to deterioration of goods placed in cold storage, which might arise due to a breakdown of refrigerating machinery. This is a follow up cover for to machinery breakdown insurance. A claim can only arise when the insured…
