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Engineering Insurance
A comprehensive insurance that provides protection against engineering related risks; associated with erection, resting and working of any machinery, plant or equipment.
Types of Engineering Insurance
Contractors All Risks Insurance (CARI) / Erection All Risks Insurance (EAR)
Insurance for buildings and civil engineering projects during construction against accidents, resulting in loss, or damage or destruction of materials, works in progress, construction plant and equipment and construction machinery
Machinery Breakdown
Covers machinery, mechanical equipment and apparatus such as generators, compressors, freezers, elevators, boilers and the like, against accidental breakdown
Electronic Equipment Insurance (EEI)
- Covers “all risks” from sudden and unforeseen loss or damage to electronic data processing equipment
- Material damage (hardware), data media center (software; data media and the cost of restoring lost information)
