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Contractors
All Risks
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The policy will cover loss
or damage to contract work, construction plant,
equipment and machinery as well as third party
legal laibility arising in connection with the
execution of the Project. The most important
causes which trigger this policy to operate
include the following : Fire, Lightning,
explosion, flood, inundation, windstorm,
earthquake, theft, malicious acts etc. . |
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| Erection
All Risks |
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An all risks policy
insuring loss or damage during the course of
erection of machinery, plant and steel
structures as well as third party legal
liability.
The policy will cover loss or damage
arising during the erection period as well as an
optional maintenance period.
This policy is similar to the Contractors
Policy but is expanded to cover faults in
erection, lack of skill, short circuit, excess
voltage, collapse and any other 
not expressly excluded in the policy wording. . |
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| Machinery
Breakdown |
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This
Policy grants industry effective cover for
plant, machinery and mechanical equipment at
work, rest or during maintenance operations.
Machinery insurance covers loss or damage
to insured items necessitating their repair or
replacement where such loss or damage is sudden
and unforeseen.
Losses are mainly due to one of the
following causes : Faulty design,, faults at
workshop, defects in material, faulty operation,
lack of skill, negligence, physical explosion,
electrical causes, storm etc. The policy can be
extended to pay loss of profits following a  loss. |
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| Electronic
Equipment
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If you operate electrical
and/or electronic equipment for medical use,
communication facilities, electronic data
processing make sure to protect your property
with this policy against loss or damage which
might arise as a result of different causes that
include fire, lightning, explosion, smoke, water
damage, humidity, short circuit, faulty
operation etc. The Policy is on
basis. |
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| Deterioration
of Stock
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| An Insurance Policy designed to meet the requirements of
those who want to protect themselves against
deterioration of goods in cold storage due to
breakdown of refrigerant machinery following a
machinery breakdown loss or failure of electric
supply. |
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