Contractor’s All Risks, Contractor’s Plant & Machinery, Machinery Breakdown and Electronic Equipment insurance policies are some of the policies available under this class of insurance.

Contractor’s All Risks Policy covers civil engineering contracts. It provides coverage against Material Damage to contract work and Legal Liability to Third Parties against bodily injury and property damage. Cover is provided on an ‘All Risks’ basis, i.e. coverage against all types of risks specifically not excluded from the policy coverage. This policy is issued for the whole period of contract work, including the Maintenance Period.

Erection All Risks Policy is issued for all types of mechanical engineering contract work, including coverage for material damage and third-party liability. Coverage is provided on an ‘All Risks’ basis. The policy is issued for the whole period of contract work, including the maintenance and testing period.

Contractor’s Plant & Machinery Policy is a specially-designed policy to provide insurance coverage to the contractor’s plant & machinery. It provides Material Damage coverage to insured items on an “All Risks” basis.

Machinery Breakdown Policy provides cover to insured machinery items against material damage, due to causes such as faulty design (calculations, plans, drawings and specifications), faulty operation, and lack of skill and negligence, or from any other cause not specifically excluded from the policy cover.

Electronic Equipment Policy is specially designed to provide coverage to computer systems and all other types of electric and electronic equipment. Coverage includes Material Damage, Cost of Restoration of Data, and Increased Cost of Working on an ‘All Risks’ basis.