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Engineering Insurance
Cover large projects, plant & machinery across construction and erection phases, including testing and commissioning. Tailored for EPCs, contractors, OEMs and project owners.
Coverage Details
- CAR – Contractor’s All Risks (civil works, materials, TP liability, escalation, debris removal)
- EAR – Erection All Risks (erection/installation, testing, TPL, surrounding property)
- CPM – Contractors’ Plant & Machinery (own/leased equipment, cranes, excavators, etc.)
- MB / EEI – Machinery Breakdown & Electronic Equipment Insurance
- CECR
Frequently Asked Questions
CAR mainly covers civil works; EAR is for erection/installation of plant & machinery
including
testing. Mixed projects may need a combined or split approach.
Add when project revenue/financing depends on timely commissioning. It indemnifies loss of
gross profit caused by insured material damage.