Contractors All Risks Insurance (CAR).

Erection All Risks Insurance (EAR).

Machinery Breakdown Insurance (MB).

Loss of Profits Following Machinery Breakdown Insurance (LOP).

Contractors Plant & Machinery Insurance (CP&M).

Boiler and Pressure Vessel Insurance (B. Exp).

Electronic Equipment Insurance (EEI).

Deterioration of Stock in Cold Storage Insurance Policy (DOS).

This type of insurance is the perfect cover for all kinds of construction projects such as buildings, roads, bridges… etc.

This Policy will cover the policyholder against any unforeseen and sudden physical loss  or damage from any cause, other than those specifically excluded, to the project's property specified in the policy schedule In addition to indemnify the insured in respect of his legal liability toward third parties for accidental bodily injury to or illness and / or Accidental loss of or damage to property belonging to third parties occurring in connection with the construction works.

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This type of insurance concerning all kinds of Erection projects such as machineries erection, heavy equipment installation process extended to include testing and commissioning works.

This Policy will cover the policyholder against any unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded, to the project's property specified in the policy schedule In addition to indemnify the insured in respect of his legal liability toward third parties for accidental bodily injury to or illness and / or Accidental loss of or damage to property belonging to third parties occurring in connection with the erection works.

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Machinery Breakdown Insurance (MB).

This policy cover's the insured machineries entered in the Schedule, against any unforeseen and sudden physical loss or damage from causes such as defects in casting and material, faulty design, faults at workshop or in erection, bad workmanship, lack of skill, carelessness, shortage of water in boilers, physical explosion, tearing apart on account of centrifugal force, short circuit, storm, or from any other cause not specifically excluded.

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Loss of Profits Following Machinery Breakdown Insurance (LOP).

This policy indemnify the Insured against the amount of loss resulting from the interruption or interference of any machinery described in the list of machinery and plant insured in consequence of an accident.

The cover provided under this Policy shall be limited to loss of gross profit due to reduction in turnover and increase in cost of working and the amount payable asindemnity hereunder shall be:

    - In respect of reduction in turnover: the sum produced by applying the rate of gross profit to the amount by which the turnover during the indemnity period, in consequence of the accident, falls short of the standard turnover.

    - In respect of increase in cost of working: the additional expenditure necessarily and reasonably incurred for the sole purpose of avoiding or diminishing the reduction in turnover which but for that expenditure would have taken place during the indemnity period in consequence of the accident, but not exceeding the sum produced by applying the rate of gross profit to the amount of the reduction thereby avoided, less any sum saved during the indemnity period in respect of such of the charges and expenses of the business payable out of the gross profit as may cease or be reduced in consequence of the accident.

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This policy is the appropriate cover for heavy machineries/construction Machineries and any other item entered in the Policy Schedule, against any unforeseen and sudden physical loss or damage from any cause not specifically excluded whilst at the location or in the geographical area mentioned in the schedule.

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Boiler and Pressure Vessel Insurance (B. Exp).

This policy will provide the cover for the insured's Boilers and Pressure Vessels against damages (other than by fire), and the cover is extended to include legal liability of the Insured for damage to property not belonging to the Insured, in addition to the legal liability of the Insured on account of fatal or non-fatal injuries to any persons other than the Insured’s own employees or workmen or members of the Insured’s family, caused by and solely due to explosion or collapse of the insured items whilst in the course of ordinary working.

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Electronic Equipment Insurance (EEI).

This policy covers the insured electronic equipment whether are at work or at rest, or being dismantled for the purpose of cleaning, overhauling or of being shifted within the premises, or in the course of the aforesaid operations themselves, or during subsequent re-erection, this cover applies after successful commissioning, and it is divided into three

correlated sections:

    - Any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.

    - Loss or damage to the external data media inclusive of the information stored thereon, which can be directly processed in External Date Processing systems, resulting from any peril indemnifiable under Section 1 of the Policy.

    - Any additional expenditure incurred for the use of substitute External Data Processing equipment, resulting from material damage indemnifiable under Section 1 of this Policy gives rise to a total or partial interruption of operation of the External Data Processing equipment

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Deterioration of Stock in Cold Storage Insurance Policy (DOS).

This policy cover's the insured goods against loss or damage caused by deterioration due to any unforeseen and sudden physical loss of or damage to the contained machinery and indemnifiable under the machinery breakdown policy in force.

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