We REGRET the chances we didn’t take, not the ones we took and failed at !

Engineering Insurance covers risks encountered by construction companies while executing projects as well as those faced by manufacturing units while operating the machineries. The selection of a specific policy suitable for a project/manufacturing process depends on its specific nature.

Engineering insurance covers a wide range of risks to which a project/manufacturing unit is exposed to, starting right from ordering of material at site till successful testing and completion of the project or the operational risks of machineries in a manufacturing unit The policy offers protection against unexpected accidents leading to huge financial losses.

Various engineering policies include following coverage:

• Erection Coverage
  
• Fire. Lightning, Explosion, Aircraft Damage
• Riot, strike, malicious acts
• Flood, inundation, storm, cyclone, and allied perils
• Landslide, subsidence, and rockslide
• Burglary and theft
• Faults in erections
• Human errors, negligence
• Short circuiting, arcing, excess voltage
• Electrical and mechanical breakdown
• Collapse, damage due to foreign objects, impact damages
• Any other sudden, unforeseen, accidental damages not explicitly excluded

The policies are useful for owners (Principal), contractors, architects, consulting engineers and investors in a project or owners/financers of a manufacturing/assembling plant.