التأمين الهندسي والإنشاءات

We offer the standard engineering policies — Contractor's All Risks, Erection All Risks, Machinery Breakdown, Machinery Loss of Profits — and Advance Loss of Profits with Erection All Risks.

Contractor's All Risks (CAR)

Financial protection for civil engineering contractors if an accident damages works under construction.

• Section I — material damage: physical loss or damage from any cause not excluded.
• Section II — third-party liability: the contractor's legal liability for injury or property damage to others.
• Sum insured: the total contract value, including labour and materials (escalation up to 50%).
• Period: from unloading of the first material at site to handover; extensions possible.
• Main exclusions: faulty design, aesthetic defects, gradual deterioration and rust, inventory losses, contract penalties.

Machinery Breakdown

Sudden accidental electrical or mechanical breakdown of industrial and electrical machinery — repair or replacement with a like machine. Sum insured: present-day replacement value including duty, freight and erection.

Electronic Equipment

Accidental loss or damage to computers, telecom, medical and control equipment (not portable), including data media and extra cost of a substitute system as options.

Business Interruption (Loss of Profit)

Lost gross profit and increased cost of working after damage covered by a Fire or Machinery Breakdown policy. Indemnity period 6 months to 3 years.

Contractors' Plant & Machinery

External accidental damage to construction and material-handling machinery at work, at rest or being moved within the site.

Marine-cum-Storage-cum-Erection

All physical risks to a project from the supplier's warehouse through transit, storage, erection, testing and commissioning.

For a quote, send us the details at support@newindiabahrain.com or call +973 1722 5158. Policy details given here are indicative, not exhaustive.