Specialised Insurance

• Engineering
• Marine

Responding to the unique challenges of your business, we offer a variety of specialised insurance to meet your specific requirements.

Boiler and Pressure Vessel is an insurance plan that is specially designed to cover physical loss or damage to other property of the Insured resulting from explosion or collapse of any boiler or pressure vessel. This plan also indemnifies the Insured against liability for damage to the others’ property and for fatal or non-fatal injuries to third party other than the Insured’s own employees or workmen or members of the Insured’s family.

Business Machines & Equipment is an insurance plan that covers loss of or damage to all insured machinery and equipments against contingencies or perils like Fire, Theft or Accidental External Means unless specifically excluded in the policy such as war, earthquake, storm or ionising radiations.

Contractors’ All Risks is an insurance plan that provides all risks cover for engineering projects involving construction of buildings and other civil engineering works. This plan protects the Insured against loss or damage to property such as construction plant, equipment and machinery as well as to third party liability for property damage or accidental bodily injury arising in connection with the project, other than by an excluded cause.

Machinery is an insurance plan that covers sudden and unforeseen physical loss or damage to insured machinery while it is in operation, at rest or being dismantled, moved or re-erected for the purposes of cleaning, overhauling, repairing or installation in another position within the premises. The policy excludes external clauses such as fire, chemical explosion, war and kindred risks.

Machinery & Equipment All Risks is an insurance plan that provides all risks cover for loss of or damage to insured property against any contingencies or perils whilst the property is being used, during loading, unloading or transit other than by sea or air due to external causes not specifically excluded in the policy.

Marine insurance covers risks that involve the transportation or temporarily storage of goods in transit from one port to another. This class of insurance reimburses financial losses due to damage to a ship and any accompanying properties, including the cargo, from port of departure to port of destination.

Goods In Transit is an insurance plan that covers loss or damage to the property insured by Fire, Theft or Accidental Means whilst being loaded on or unloaded from any road vehicle or passenger or goods train or whilst temporarily housed in the ordinary course of transit whether on or off the said conveyance within the Territorial Limit. The policy for this class of insurance is tailored to suit your individual needs.

Marine Cargo is an insurance plan that covers loss or damage during the movement of cargo from one port or country to another whether by sea, air or land. This plan is tailored to suit each Insured’s special needs and coverage can be provided for all risks or on a named peril basis.