Engineering
- October 26, 2024
- Posted by: [email protected]
- Categories:
ENGINEERING
Whether you’re in the construction industry, developing a piece of land, building a factory/ plant, custom building your own house or simply renovating t that you have now; or in the manufacturing industry requiring the use of machiner, accidents and calamities can and are known to happen. Human ne and carelessness and/or nature, in the form of heavy winds, rains and landslides, can delay or render your efforts lost and wasted. Here is a list of ins products designed with you in mind and to offer you the best protection against such losses, be they material damages or financial losses.
CONTRACTORS' ALL RISKS
Contractors’ All Risks Insurance is designed to provide protection against such losses and damage to the works being carried out or any property damage or bodily injury to third parties in relation to the works carried out.
ERECTION ALL RISKS
Similar to a Contractors’ All Risks insurance, the Erection All Risks insurance offers protection for the erection, testing and commissioning of machines, industrial plants, steel works and/or structures
CIVIL ENGINEERING COMPLETED RISKS
The Civil Engineering Completed Risks insurance is designed to protect your civil engineered structures against losses or damages caused by fire, lightning, explosion, storm and tempest, impact damage, landslides, and other malicious damage.
MACHINERY BREAKDOWN
The Machinery Breakdown insurance is designed to offer you protection against unforeseen and sudden breakdown of the expensive plants and machinery used for business.
MACHINERY BREAKDOWN LOSS OF PROFITS
While the Machinery Breakdown insurance was designed to protect against the loss or damage of machinery during operations, Machinery Breakdown Loss of Profits insurance is a complementing product to offer protection against the loss of profits and revenue arising from the cessation of production pending the repairs and/or replacement of production machinery.
ELECTRONIC EQUIPMENT
Computers, data processing and other such electronic equipment can sometimes be sensitive to interferences and other mishaps, be it electrical or human. Replacing and restoring lost data can be a very painful experience, however, with the Electronic Equipment insurance, it will lessen the pain by offering protection against material damage of said equipment.
BOILER PRESSURE VESSEL
Even with the best of care taken, when working with boilers and other pressure vessels there is always the danger of it exploding and consequently causing damage to own property and/or third parties. The Boiler & Pressure Vessel insurance was crafted to offer protection against such unforeseen losses and damage.
STORAGE TANK
Bulk storage tanks, by nature of its size and purpose, are susceptible to many forms of damage, such as bursting, rupturing, collapse, impact damage, etc. So protect yourself from the possibility of such unforeseen losses with the Storage Tank insurance.
DETERIORATION OF STOCKS
Saunas and heat treatments were meant for the enjoyment of humans, and frozen goods should be left in that state. However, that is not always the case, whether from power failure at the cold room or a breakdown of a freezer truck, frozen goods may be damaged or deteriorate. The Deterioration of Stock insurance was crafted to offer you protection against unforeseen material damage of goods as a result of temperature fluctuations.