Contractor's All Risk (CAR)

CAR insurance is very important important for construction projects and almost all principals secure this insure either directly or indirectly for construction site. Typcial CAR policy comprises on three sections 1. Material Damage 2. Act of God and third party.

Erection All Risk (EAR)

EAR insurance offers comprehensive protection against financial losses arising from unexpected events during the erection or installation of machinery, equipment, or industrial structures. It covers both physical damage to the project and liabilities toward third parties, ensuring contractors, project owners, and stakeholders are safeguarded throughout the installation process.

Machinery Breakdown Insurance

Machinery Breakdown Insurance provides coverage for unexpected mechanical or electrical failures of machinery and equipment used in business operations. Unlike property insurance, which covers external risks like fire or theft, MBI focuses on internal failures, such as mechanical breakdowns, electrical faults, or equipment malfunctions, ensuring businesses can quickly recover without significant financial strain.

Boiler & Pressure Vessel (BPV)

Boiler and Pressure Vessel Insurance provides coverage for damages and liabilities resulting from the failure or explosion of boilers, pressure vessels, and related equipment. It protects businesses from the costly consequences of equipment breakdowns, including repairs, replacements, and third-party claims for injury or property damage. This policy is essential for businesses relying on boilers, steam systems, or pressure equipment for their operations.

Electronic Equipment Insurance

Electronic Equipment Insurance provides comprehensive protection for electronic devices and systems against unexpected damage, breakdowns, or malfunctions. It covers repair or replacement costs for equipment damaged by internal failures (e.g., electrical faults) or external causes (e.g., power surges), and may include coverage for data restoration or business interruption. This policy is vital for businesses, offices, hospitals, and IT-driven operations that depend on electronic equipment

Contractor's Plant & Machinery

Contractor's Plant and Machinery (CPM) Insurance provides comprehensive coverage for construction equipment and machinery against risks like accidental damage, theft, vandalism, and breakdowns. Tailored for contractors, builders, and construction firms, this policy protects valuable assets used on construction sites, whether owned, leased, or hired. It ensures financial protection and minimizes downtime, keeping projects on track.