Engineering Insurance

Insurance that covers damage or loss due to material damage and liability to third parties during the construction or erection period, as well as damage or loss to machine or electronic equipment. This insurance consists of:

CONTRACTOR’S ALL RISK INSURANCE (CAR)

Provide guarantees for damage or loss of the insured object at the time of construction and during the maintenance period. In addition, guarantees are also provided for legal liability to third parties during the construction activities. Example: construction of roads, bridges, buildings, etc.

ERECTION ALL RISK INSURANCE (EAR)

Provide guarantees for damage or loss of the insured object at the time of installation, construction, testing and during the maintenance period. In addition, guarantees are also provided for legal liability to third parties during the construction installation activities. Example: factory machine installation, antenna installation, etc.

ELECTRONIC EQUIPMENT INSURANCE (EEI)

Provides coverage for damage or loss of electronic equipment due to hazards that come from outside, such as short circuit, fire, etc. Example: insurance for television studio equipment, CCTV, telecommunications equipment, laptops etc. This insurance can also be extended for the risk of losing movable electronic equipment.

MACHINERY BREAKDOWN INSURANCE

Provide guarantees for damage or loss to machines that are damaged or stop operating caused by damage to the machine itself (internal) and not from danger that comes from outside (external). Example: insurance for factory machines, refrigerators, generators, etc.

CIVIL ENGINEERING COMPLETED RISKS (C.E.C.R) INSURANCE

Provide guarantees for completed civil works such as bridges, dams, ports, and other civil structures. The guarantees provided by this policy include damage due to fire, earthquake, flood, landslide, storm, etc.

CONTRACTOR PLAN & MACHINERY (CPM)

Provide coverage for damage or loss to heavy equipment used caused by the danger of collision, overturning, theft, natural disasters, etc. Example: insurance for tractors, excavators, bulldozers, etc.