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 liability to third parties arising during the construction of the project.
The explosion risk granted under the standard fire policy excludes explosion damage to boilers and pressure vessels and its contents…
This class of insurance covers plant and machinery used in construction/erection site. This policy basically provides an all…
Deterioration of stock in cold storage insurance policy covers the losses due to deterioration of goods placed in cold storage,…
Electronic Equipment Insurance is an accident insurance on an all risk basis covering sudden and unforeseen losses, which materially…
Erection All Risk Insurance provides comprehensive and adequate protection against all the risk involved in the erection, testing…
Most plant and machinery from a sizeable of the capital outlay of any industrial concern, and is exposed to various operational…