Insurance

Engineering Insurance

1. Contractor's All Risk (CAR) - insures buildings and civil engineering projects against actual physical damage or destruction of the work in progress including equipment and machinery within the job site and third party liability.

2. Erection All Risk Insurance (EAR) - has the same coverage of that of a CAR policy but includes coverage of machinery, equipment or apparatus during the process of installation or erection.

3. Electronic Equipment Insurance - insures all types of electronic equipment like computers, radiation equipment and communication equipment against loss or damage as a result of external causes including natural calamities, malicious acts, negligence and electrical malfunctions. It also extends coverage to include the cost of reproduction of the program or system stored and the lease of substitute equipment.

4. Machinery Breakdown - covers any unforeseen and sudden loss or damage to machinery, mechanical equipment and apparatus due to external and internal causes. Extension for loss of profit due to machinery breakdown can also be covered.

For more information, please call 688-1211 or 688-1212.