What is Engineering Solutions?Our Engineering Insurance solution offers covers that safeguard against risks faced by ongoing construction projects, installation projects, and machines and equipment in the project operation. These include: Contractors All Risks, Contractors Plant and Machinery, Erection All Risks, Machinery Breakdown, Electronic Equipment, Loss of Profits following Machinery Breakdown and Deterioration of Stock.
This insurance provides comprehensive and adequate protection against loss or damage with respect to the contract works, construction plant and equipment, and or construction machinery as well as against third party claims with respect to property damage or bodily injury arising in connection with the execution of the contract.
This covers any loss/damage to the contractor's plant and machinery from any cause occurring at work, rest, or during maintenance operations and is not for the specific construction site. The risks include fire, lighting and allied perils, riot, strike, malicious damage, transit risks, theft, burglary, collision, impact, collapse.
The cover protects the insured against all risks involved in the erection of machinery, plant, and steel structures of any kind as well as property damage or bodily injuries to third parties arising in connection with the erection works.
This is cover against accidental damage to completely installed machinery resulting from breakdown from sudden and unforeseen causes. Indemnify the insured against accidental damage to completely installed machinery resulting from breakdown from sudden and unforeseen causes.
This covers all electrical/electronic equipment that consumes low electrical current. The cover is for material damage, external data media, and increased cost of working against all perils except those specifically excluded in the policy. Indemnify the insured against damage of all electrical/electronic equipment.
This is a policy that protects the owner against loss of gross profit following damage to the insured machinery. Indemnify the insured against loss of profit following damage to the insured machinery.
Covers loss of value or damage by the deterioration of the contents in a cold store due to a fluctuation in temperature caused by an accidental breakdown of the temperature regulating equipment.
The policy covers actual loss of gross profit sustained as a result of delayed commencement of business operation caused by an accident cover under Contractors all Risks/Erection all risk.
- Request for a quotation
- Download and fill the proposal form
- Submit identification documents (Driving license, National ID, Passport, and TIN certificate)
- Premium payment
- Sign contract