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Engineering Contract Guarantee Insurance
An insurance provided to the contractor constructing buildings.
To Whom : This cover is provided combining the contractor and the owner of the building.
Benefits : Under this policy compensation can be provided in three phases: at the bid bonds phase, advanced bonds phase and at the performance bonds phase.
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Engineering Contractors All Risk Insurance
A cover issued to contractors when they start construction, as 99% of principals do not allow construction without it.
To Whom : Issued to contractors, prior to commencing construction.
Benefits : The policy provides compensation with regard to collapse of building and accidental damages.
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Engineering Contractors, Plant and Machinery Insurance
An important insurance cover provided to contractors.
To Whom : Contractors covered against damages to equipment.
Benefits : Accidental and equipment damage is compensated, on-site only.
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Engineering Erection All Risk Insurance
Provided to the contractor against the risk of collapse.
To Whom : Provided to companies and individuals.
Benefits : The policy provides compensation with regard to collapse of buildings and accidental damages.
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Engineering Machinery Insurance
A very useful and important cover provided to immovable machines (printing presses, generators, etc.)
To Whom : Can be obtained by any company or individual.
Benefits : Accidental damages and damages to machines are covered under this policy.
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