Contractors All Risks Insurance Covers the contractor for loss or damage from insured perils that may occur during the course of construction (of buildings, roads, bridges, dams and other like Infrastructure). Cover is normally extended to provide liability to third parties.Erection All Risks Insurance
Covers the contractor for loss or damage from insured perils that may occur during the course of erection of plant or machinery (in factories), tanks, generators etc
Machinery insurance is a type of an accident insurance for machinery and provides cover against sudden and unforeseen physical loss or damage to the insured machinery. The purpose of machinery insurance is:
This policy provides coverage to your electronic equipment including computers against sudden and unforeseen physical damage to the equipment in a manner necessitating repair or replacement. Electronic equipment constitutes all electrical equipment that consumes low electrical current. Cover includes mechanical or electrical breakdown, faulty material, faulty design, lightning and over voltages. It also covers increased cost of working.
The policy provides indemnity to the Insured against loss and/or destruction/damage to glass by accident or misfortune of a fortuitous character. There are options either to replace the broken glass according to description or to pay the sum equivalent to the value of the broken glass at the time of loss, destruction or breakage up to the insurance value. Cover can be arranged for cabinet glass, display signs, fixed glass and glass partitions on premises.