AGI offers a range of innovative solutions to cater for the construction and erection projects as well as engineering risks such as plant all risks (contractor’s plant and machinery), electronic equipment’s, etc.
Engineering Insurance products
The range of engineering insurance products for you to choose from!
The Contractor’s All Risks policy is specially designed to cover engineering projects involving construction of buildings and other civil engineering works. The Contractor’s All Risks insurance provides coverage against:
INTEREST / PERSON INSURED
Insured parties include:
The contractor all risks policy is specially designed to cover for loss or damage to predominantly civil engineering construction projects ranging from small villa to construction of bridges or high rise.
This is an “All Risk” policy covering various activities of construction (except specific exclusions as mentioned in the policy)
This policy can be taken out in the joint names of the contractor and the employer. This policy enables the Contractor or Employer to comply with the insurance requirements of the Contract
Cover can be extended to include constructional plant as part of the Contractor All Risks cover
The Erection All Risk policy is specially designed to cover loss or damage to projects that involves erection/installation of plant, machinery and equipment ranging from erection of a single machine to a large power plant.
This is an “All Risk” policy covering various activities of erection/installation, testing and commissioning of plant and equipment (except specific exclusions as mentioned in the policy). It protects a contractor or employer against physical loss or damage to the contract works, construction plant and equipment or machinery. It also includes cover for damage to property of third parties and bodily damage to third parties.
The policy can be taken out in the joint names of the contractor and the employer. This policy enables the Contractor or Employer to comply with the insurance requirements of the Contract
This is a specially designed policy which covers accidental loss or damage to electronic equipment such as the following:
Machinery insurance is important for anyone operating technical plant or machinery, whether they be large industrial enterprises or small firms. Unexpected damage to machinery and equipment can pose a threat to a company’s very existence.
Machinery Insurance covers diverse spectrum of machines and equipment in commercial and production facilities, such as
Machinery Insurance is a supplementary cover for the machinery/equipment which are otherwise required to be insured along with building, stock etc on the premises under the standard fire/property policy
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