• Contractors All Risks Policy (C. A. R):

This policy provides insurance protection to projects during construction against:

1. All risks to which the project may be probably exposed.

2. The policy may be extended to cover maintenance period mostly indicated in the initial contract of the project.

3. It may also be extended to cover the contractors’ liability towards third party accidental bodily injury and/or accidental loss of or damage to property belonging to third parties.

• Erection All Risks Policy (E. A. R):

This policy offers insurance protection to machineries during installation period against any unforeseen and sudden physical loss or damage from any causes other than those specifically excluded in the policy.

The policy is extended to cover a certain fixed period for technical testing and commissioning. It may be also extended to cover the contractors’ liability towards third party accidental bodily injury and/ or accidental loss of or damage to property belonging to third parties.

• Machinery Breakdown Insurance policy:

This policy provides insurance protection to machineries after successful completion of their performance acceptance tests whether they are at work or at rest against any unforeseen and sudden physical loss or damage from causes such as defects in casting and material, faulty design, faults at workshop or in erection, bad workmanship, lack of skill, carelessness, shortage of water in boilers, physical explosion, tearing apart on account of centrifugal force, short circuit, storm, or from any other cause not specifically excluded in the policy in a manner necessitating repair or replacement.

• Loss of Profits – Following Machinery Breakdown

Insurance Policy (M.L.O.P):

This policy provides insurance protection against consequential losses (loss of profit )sustained as a result of business interruption  due to an accident covered under (the Machinery Breakdown Insurance policy).

• Boiler and Pressure Vessel Insurance policy:

This policy offer insurance protection to the insured, during the period of insurance against :

1. Damage or loss (other than by fire) to boilers or pressure vessel due to its own explosion or collapse and third party liability arising out of the explosion

• Electronic Equipment Insurance policy:

This policy provides insurance protection to Electronic Equipment and computers  whether they are at work or at rest, or being dismantled for the purpose of cleaning, overhauling or of being shifted within the premises, or in the course of the aforesaid operations themselves, or during subsequent re-erection, but in any case only after successful commissioning.

The United Insurance Company will indemnify the insured, if at any time during the period of insurance or any renewal thereof the insured Electronic Equipments suffer any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.

• Contractors Plant & Equipment Insurance.

This is an All Risks policy covering loss or damage from any cause other than those specifically excluded. Generally the basic cover indemnifies loss due to collision, impact, turning over, fire, storm, flood, landslide, subsidence, earthquake and such other external causes when the plant is at work or at rest or being transported by road from one site to other.