Engineering Insurance

Our Engineering Insurance comprises CAR/EAR, Machinery Breakdown and Deterioration of Stock.

Products

Contractors’ All Risks / Erection All Risks

Provides an all risks cover during the construction period for contract works against loss of or damage to the property working on and third party liability for accidental bodily injury or property damage in connection with the contract works unless excluded under the policy.

Electronic Equipment

  • Material Damage – Covers accidental physical loss of or damage to the electronic equipment resulting from a cause not specifically excluded.
  • External Data Media – Covers expenses incurred for replacing external data media and re-recording of such information.
  • Increased Cost of Working – Covers additional expenditure incurred for the use of alternative electronic equipment during the indemnity period.

Machinery Breakdown and Loss of Profits Following Machinery Breakdown

Protects your plant and machinery from any sudden and unforeseen physical loss or damage as well as any faulty design to your plant and machinery not known to you. Loss of profits due to such interruption will also be covered.

Deterioration of Stocks

Protects you from loss of or damage to stock held in refrigerated storage on the insured premises.

Please contact us for a non-obligatory consultation.

Important Notes:

This policy is underwritten by Etiqa Insurance Pte. Ltd., a member of Maybank Group.

This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract.

 

 

Information is correct as at 6 September 2019.