FIRE INSURANCE
Insurance that answers for loss or damage to property caused by Fire and/or Lightning. Coverage may be extended to include Earthquake, Typhoon, Flood, Volcanic Eruption, Explosion, Vehicular Impact, Falling Aircraft and/or Objects therefrom, Smoke, Riot, Strike, Civil Commotion, Malicious Damage and Robbery.
Types of coverage are:
- Building and Improvements
- Machinery and Equipment
- Stocks, Supplies and Other Contents
- Loss of income / Business Interruption
ENGINEERING INSURANCE
All-risk insurance that answers for loss and damage in the course of constructing buildings, roads or bridges, or in erecting, installing or operating machinery and equipment, subject to certain exclusions.
Types of coverage are:
- Contractor’s All-Risk Insurance (CARI)
- Erection All-Risk Insurance (EAR)
- Machinery Breakdown Insurance (MBI)
- Boiler and Pressure Vessel Insurance (BPV)
- Electronic Equipment Insurance (EEI)