Engineering Insurances

Engineering Insurances

Contractor’s All Risks Insurance

Provides comprehensive protection against:

• loss of or damage to the Under-construction projects
• Construction Plant and Equipment and Machinery
• Third party liability against Property damage and bodily injuries

Contractor’s Plant, Equipment & Machinery

Provides coverage to:

• Contractor’s Plant
• Equipment & Machinery

The above is provided on annual basis, at site of construction/erection.

Erection All Risks Insurance

Provides coverage against all risks during:

• The erection of machinery, plant and all kinds of steel structures
• Testing / Trial run of new machinery
• Third party legal liability for loss of or damage to property and bodily injuries

Machinery Insurance

Century provides adequate insurance protection to all types of Mechanical plant, machinery and equipment whilst they are in operation, at rest or under maintenance against sudden and unforeseen loss or damage.

Machinery Loss Of Profit Insurance (MLOP)

Provides coverage against the loss of profit due to business interruption caused by an accident covered under the Machinery Policy.

Deterioration Of Stock (DOS) Insurance

Provides coverage against the loss of or damage to stocks due to breakdown of refrigerating machinery

Electronic Equipment Insurance

Provides comprehensive coverage to all electrical/electric equipment which generally need a moderate power.

Boiler and Pressure Vessel Insurance

It provides coverage against damage to boiler and pressure vessel, third party bodily injury/property damage and surrounding property caused by and solely due to explosion or collapse whilst in the course of ordinary injury.

Comprehensive Machinery Insurance

The CMI policy is an all risk accident and loss of profits insurance covering any unforeseen and sudden physical loss or damage to an entire plant and machinery in operation including other property such as building, stock and goods in process.

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