التأمين التجاري

The policy covers loss or damage to insured static Plant & Machinery against sudden, accidental and unforeseen physical loss or damage including mechanical/electrical breakdown.

It is a condition under the policy that Sums Insured declared should represent the New Replacement Values and that there shall be a satisfactory Maintenance Programme throughout the period of Insurance.

For more details on Engineering Insurance, please do not hesitate to e-mail Mr. Pothen Abraham, or call 04-2531549.

The scope of cover is like the Contractor’s All Risks Insurance but specifically designed for Erection/Installation projects, where the values of the Plant/Equipment dominates the Contract Value.

For more details on Engineering Insurance, please do not hesitate to e-mail Mr. Pothen Abraham, or call 04-2531549.

The policy covers Deterioration of Stocks in refrigerated cold rooms/chambers following an incident, which gives rise to a claim under the underlying Machinery Insurance Policy. Therefore, availability of a Machinery Insurance policy is a pre-condition for Deterioration of Stocks Insurance.

In addition to Monetary Excess, the policy is usually subject to Time Excess.

For more details on Engineering Insurance, please do not hesitate to e-mail Mr. Pothen Abraham, or call 04-2531549.

The cover is designed for Mobile Plant & Equipment used in construction sites against sudden, accidental and unforeseen loss or damage but excluding mechanical/electrical breakdown. The same criteria apply as in the case of Machinery Insurance.

For more details on Engineering Insurance, please do not hesitate to e-mail Mr. Pothen Abraham, or call 04-2531549.