If you are a civil engineer and involved in the construction of a project, there are more chances of you being affected by mishaps and accidents occurring at the site.
Secure yourself and your Projects with Engineering Insurance
If you are a civil engineer and involved in the construction of a project, there are more chances of you being affected by mishaps and accidents occurring at the site. A comprehensive engineering insurance will provide the much needed financial assistance in the case of any hazard and risks. This insurance is further broken down into the following:
This policy covers all the people involved in the erection work, right from erection, storage, testing to commissioning. You can avail policy for the duration of the project (till it is completed and handed over to the owner) or for a long term.
Any physical damage incurred by machinery can halt the operations, affecting your business very badly. In such situations, this policy can save you from hefty additional costs suffered due to repairing or replacing the affected machinery.
Getting your machinery repaired or replaced can result in time lags and monetary loss. This part of engineering insurance will compensate for the loss of profits along with other expenses or charges you face due to stopping of normal business operations.
Boilers and pressure plants are some of the significant machinery used in factories to conduct daily production operations. In case they stop working due to intense pressure or high temperatures, this policy will help you repair or replace the equipment.
This policy covers all movable machinery, including cranes, bulldozers, excavators, etc. Loss or damage to the machinery in case of an accident will require you to get the equipment repaired or replaced. This policy coverage will help you to meet your needs without any hassle.
It covers the interests of all the people involved in the project and compensates for all the causes of loss an engineering project can run into.
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