Contractors’ All Risks (CAR)

Coverage: Contract works and materials on site, temporary works, on-site storage, contractor’s plant and equipment (optional), third-party liability for bodily injury/property damage, natural perils, theft, debris removal, maintenance/defects liability period.

Ideal for: Civil works, infrastructure, buildings, fit-outs, contractors and project owners needing end-to-end site protection.

Erection All Risks (EAR)

Coverage: All risks of loss or damage to erected plant and machinery, with a limited cover for civil works

Ideal for: Industrial plants, power facilities, mechanical/electrical installations, and other contractors’ projects

Machinery Breakdown

Coverage: Sudden and unforeseen mechanical/electrical breakdown, short circuit, centrifugal force damage, tearing/cracking; parts and labor; optional business interruption (loss of gross profit/extra expense).

Ideal for: Manufacturers, hospitals, hotels, and cold-chain operations relying on critical machinery.

Contractor’s Plant and Equipment

Coverage: Accidental external damage (impact, overturning, collision, fire, flood), theft, while operating, on-site, or in transit.

Ideal for: Cranes, excavators, concrete plants, paving machines, heavy equipment fleets.

Electronic Equipment Insurance

Coverage: All-risks physical loss/damage to sensitive electronics (servers, ATMs, control panels, medical/industrial electronics) including surge, short circuit, fire, water damage, burglary; optional data media and increased cost of working.

Ideal for: Data centers, banks/ATMs, hospitals, labs, broadcasting, factories with automation/SCADA.

Deterioration of Stock

Coverage: Spoilage of refrigerated/frozen stock following insured events such as fire, machinery breakdown, or accidental power failure

Ideal for: Supermarkets, cold stores, food processors, pharma, and vaccine storage.

Consequential Loss (Delay in Start-Up/ALOP)

Coverage: Loss of income, standing charges, and financing costs due to project delay following insured physical damage under CAR/EAR.

Ideal for: Project owners, sponsors, lenders on time-sensitive builds (power, industrial, infrastructure).

Inherent Defects (Latent Defects)

Coverage: Physical damage due to hidden defects in design, materials, workmanship, or site preparation discovered after completion; multi-year terms (e.g., 10 years) as agreed.

Ideal for: Developers, building owners, and lenders seeking long-term structural assurance.