Contractors all risks
This provides cover for loss or damage to a range of construction categories, including cost of debris clearance following an event which gives rise to a claim, civil works including building construction, marine works, for example, bridges, dams or sea wall constructions, plant and machinery used for construction, and temporary construction structures.
This provides cover for unforeseen and sudden physical loss or damage to electronic data processing machines, telecommunications equipment, office calculators, duplicating or reproduction machines, signal and transmitting units, electro medical installations, as well as transmitting and receiving installations such as radio, television, cinema, sound reproduction and studio equipment.
This provides cover for unforeseen and sudden physical loss or damage to machinery due to: casting and material defects; fault design; workshop or erection fault; poor workmanship; shortage of water boilers; physical explosions; damage due to centrifugal forces, short circuit, storm, etc.
Deterioration of stock
This provides cover for deterioration of perishable goods or stock, as a result of breakdown or material damage to cold storage units.
Erection all risks
This class covers loss or damage of plant and machinery under erection, including; Civil works which are incidental to erection of the plant and machinery; Legal Liability for death or bodily injury to third parties; Accidental damage or loss to property belonging to third parties occurring in direct connection with the construction or erection of the item insured.
Cover may be extended to include overtime, night work, work on public holiday and express freight and usually commences from arrival at the relevant site of erection of the materials, during storage of materials, as well as erection and test run of the plant. Cover terminates upon plant commissioning