Engineering insurance is the kind of insurance coverage for the ongoing construction project (CAR) & installation project (EAR), and for machines & equipment in a project. Dilnia insurance provides the following:
The purpose of this coverage is to provide protection for all parties involved in a project. It covers property damage and third-party losses. Additionally, the coverage can be extended to include losses resulting from delays in project start-up due to an insured event.
This specific type of insurance is designed to safeguard against potential losses related to the erection and installation of machinery, plant, and steel structures. It provides coverage for physical damage to the contract works, machinery, and third-party liability.
This specific type of insurance is commonly associated with plant, machinery, and mechanical equipment. It provides coverage whether the equipment is in operation, at rest, or undergoing maintenance. The policy covers sudden losses that require repair or replacement of the insured items.