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Engineering

Deterioration of Stock Insurance (DOS)

Deterioration of Stock in Cold Storage insurance is designed to meet the requirements of those who want to insure their stocks against deterioration due to temperature rise while in cold storage as a result of breakdown of refrigerating machinery provided such machinery breakdown loss is identifiable under the machinery insurance policy.

Electronic Equipment Insurance (EEI)

This insurance provides cover for loss or damage to all electrical systems/equipment which generally have only a moderate power requirement while such equipment is at work, at rest or during maintenance operations. The Policy also covers cost of External Data Media and Increased cost due to loss or damage to system.

Machinery Loss of profit Insurance (BI MB)

Machinery Loss of Profits insurance provides cover for the actual loss of gross profits (i.e. net profit and standing charges) and/or increased cost of working sustained as a result of a business interruption caused by an accident identifiable under Machinery Insurance.

Machinery Insurance (MB)

It is designed to Provide effective insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.

Erection All Risks Insurance (EAR)

This branch of Engineering Insurance offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project.

Contractors Plant & Machinery Insurance (CPM)

This is an insurance of contractors' plant and machinery on an annual basis. It covers any loss or damage occurring at works, at rest or during maintenance operations and is limited to a specific construction site.

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