ENGINEERING INSURANCE POLICY

Description of engineering insurance business

Engineering Insurance: This insurance is to protect the Engineering Machine from unforeseen contingencies. This type of insurance embraces, steam, boilers, lifts, hoists, cranes, electrical plants, engines, refrigeration plants etc. Various types of policies are issued in Engineering Insurance:-

Direct risk covered under engineering insurance:

Fire, accidental damage, collapse, electrical and mechanical breakdown, burglary, theft
and malicious damage.

Additional risks covered on payment of additional premium:

Act of God (Earthquake, flood, Cyclone), liability of third party (death or bodily injury and
third party property).

Remarks.

For details, please contact any of our nearest branch office :