Covering loss or damage to construction and/or erection works arising from any unforeseen or accidental loss or damage from any cause not specifically excluded under the policy. And also offering protection against all sums the insured shall become legally liable to pay as compensation for third party bodily injury or property damage in connection with performance of the contract insured.
The insurance indemnifies the insured against breakdown of any machines whilst working or at rest or being dismantled, moved or re-erected for the purpose of cleaning inspection, repair or installation in another position.
The insurance indemnifies the insured against damage to boiler/pressure vessel or other property including all sums for which the insured shall be legally liable to third parties, directly and solely resulting from explosion or collapse of the boiler/pressure vessel.
This is an All Risks policy provides cover against the plant, machineries and equipments of contractor during used, rested, and shifted within the specified project site for an anywhere, which generally used under rough working conditions and damage vulnerability.
Electronic Equipment Insurance covers accidental, unforeseen and sudden physical loss or damage to electronic equipment (including system software) against sudden & unforeseen physical damage by any cause or peril those are not excluded under the policy.