CAR
Contractor’s All Risks
Civil works, materials, TP liability, escalation and debris removal.
Engineering Insurance
What is Engineering Insurance?
Engineering Insurance protects construction works, installation projects, plant and machinery against unexpected physical loss or damage during key project and operating stages.
Cover can be structured around civil works, erection, testing, contractor equipment and completed infrastructure so contractors, project owners, EPCs and OEMs can manage risk more effectively.
EAR
Erection All Risks
Erection and installation, testing, TPL and surrounding property.
CPM
Contractors’ Plant & Machinery
Owned or leased equipment, cranes, excavators and more.
MB / EEI
Machinery Breakdown & Electronic Equipment Insurance.
CECR
Civil Engineering Completed Risks
Protection for completed roads, bridges, tunnels, dams and other civil structures.
Frequently Asked Questions
CAR mainly covers civil works; EAR is for erection/installation of plant & machinery including testing. Mixed projects may need a combined or split approach.
Add when project revenue or financing depends on timely commissioning. It indemnifies loss of gross profit caused by insured material damage.