Engineering, construction and Oil & Gas industries involve risks that can interrupt day-to-day workflow of a business. There is a need to protect against material damage for premises, plant and machinery. So here we are to help your company to find the right policy for your business.
Who Needs Construction Insurance?
Any business that works in a construction trade, such as building construction, heavy construction or home improvement, needs to carry construction insurance to protect them from risk.
Who needs Engineering Insurance?
Anyone who has items of plant. Example: boiler, lifts, filtration systems, workshop machinery, refrigeration equipment etc.
Who needs Oil and Gas Insurance?
Anyone that involves in oil & gas industries such as Service Contractors, Operators & Non-Operators, Drilling Contractors, Manufacturers, Suppliers, Midstream companies etc.
Engineering, Construction and Oil & Gas Insurance policy covers all types of risks which include:
- Contractor’s and Engineer’s all risks
- Workmen Compensation
- Business Interruptions
- Equipment and Machinery Breakdown
- Sabotage, Terrorism, and War Risk
- Contractor’s Comprehensive General Liabilities
- Human errors, negligence.
- Short circuiting, arcing, excess voltage
- Electrical and mechanical breakdown
- Collapse, damage due to foreign objects, impact damages
- Any other sudden, unforeseen, accidental damages not explicitly excluded.
- Manufacturing defects
- Loss or damage due to wilful act or wilful negligence
- Consequential and inventory loss