Process Industries

The insurance covers losses in respect of construction works in progress caused by unforeseen construction accidents. Usually combined with TPL and CPE/CPM.

The insurance covers losses in respect of an entire plant and machinery in operation.

This insurance covers losses in respect of contractors plant and equipment.

This insurance covers losses in respect of construction and erection works combined in a single policy.

Erection all risks insurance (EAR)

The insurance covers losses in respect of erection works caused by unforeseen erection accidents. Usually combined with TPL and CPE/CPM.

Electronic Equipment (EE)

This insurance covers losses in respect of electronic equipment.

Industrial All Risks (IAR)

This insurance covers losses in respect of property during operation.

Inherent defects insurance (IDI)

This insurance covers losses in respect of newly constructed commercial and industrial buildings against structural defects.

Machinery breakdown (MB)

This insurance covers losses in respect of physical damages to machinery.

Machinery Business Interruption only (MBI)

This insurance covers losses in respect of shortfall in revenue or profit during interruption period.

Machinery Guarantee (MG)

This insurance covers losses in respect of physical damage to machinery resulting from defects during the guarantee period. Policyholder is typically the manufacturer of machinery.

Machinery Hull (MH)

This insurance covers losses in respect of physical damage to mobile machinery in operation.

Property Insurance (PI)

This insurance covers losses in respect of property damage.