ELECTRONIC EQUIPMENT INSURANCE
To indemnify the Insured if at anytime during the period of insurance, the items insured and any part thereof shall suffer any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.
MACHINERY BREAKDOWN INSURANCE
To indemnify the Insured against breakdown of machinery whilst
(a)Working or at rest
(b)Being dismantled, moved or re-erected for the purpose of cleaning inspection repair or installation in another position sufficient to prevent the machine undertaking its normal work and necessitating repair or replacement before working can be resumed.
MACHINERY REAKDOWN INSURANCE ( LOSS OF PROFIT)
To indemnify the Insured against Loss of Gross Profit / Wages due to reduction in Turnover and also increased in cost of working necessarily and reasonably incurred for the purpose of avoiding or diminishing the reduction in Turnover as a consequence of the Accidental Breakdown of those machinery covered under the Machinery Breakdown Policy.
BOILER & PRESSURE VESSEL INSURANCE
Indemnify against damage to the boiler or other pressure vessel caused by and solely due to explosion or collapse of the boiler or pressure vessel described in the policy schedule.
STORAGE TANK INSURANCE
To indemnify the Insured against accidental loss of or damage to the tanks (including loss of contents) caused by bursting, splitting, rupture or collapse or any other cause.
CIVIL ENGINEERING COMPLETED RISKS INSURANCE
To indemnify the Insured against loss of or damage to the property insured if the property insured if the property suffer any unforeseen and sudden physical loss or damage caused by fire and other extraneous perils.
CONTRACTORS ALL RISKS INSURANCE
To indemnify the Insured against any unforeseen and sudden physical loss or damage to the contract works from any cause unless specifically excluded under the policy; and against such sums which the Insured shall become legally liable to pay as damage to third party occurring in direct connection with the erection, construction or testing of work.