Arab Orient Insurance Brokers - Engineering Insurance

We provide insurance solutions to cover risks associated construction or erection projects. We review project contracts and develop an insurance policy to meet the insurance requirements of the project.

Engineering Insurance includes the following:

Contractor’s/Erection All Risks Insurance
Contractor’s Plant & Machinery Insurance

Contractor’s/Erection All Risks Insurance

Section 1- Material Damage

This section covers unforeseen and sudden physical loss or damage caused to construction works. The compensation will be up to the insured amount provided by the insured.

Section 2- Public Liability

This section the contractor’s legal liability to pay damages consequent upon:

(a) accidental bodily injury to or illness of third parties (whether fatal or not),

(b) accidental loss of or damage to property belonging to third parties occurring in direct connection with the construction or erection of the items insured under Section I and happening on or in the immediate vicinity of the site during the Period of Cover.

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Contractor’s Plant & Machinery Insurance

Loss or damage to expensive equipments can be hassle for contractor’s because these equipments represent a huge investment. Contractor’s Plant & Machinery insurance protects equipment against unforeseen events. Coverage includes

Physical loss or damage to equipment as result of an accident
Damages to the equipment while used on construction sites and public roads.
Legal liability against accidental bodily injury or property damage caused by the use of the equipment.

Machinery Breakdown

Losses to machines or equipment’s in a factory can be a high risk to the businesses. Factories need to be prepared to continue their operations and overcome any loss. Machinery breakdown insurance covers the loss due to sudden and accidental machinery breakdown. The coverage can also be extended to cover loss of profit as result of machinery breakdown.

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