Insurance Products
Engineering Insurance
Cover for construction, erection, machinery, electronics and boilers — from the first delivery to the final test.
Sanima GIC Engineering Insurance protects your project against unforeseen and sudden loss — under six separate wordings, each written for a different asset or phase of the work: construction, erection and testing, your plant and machinery, electronic equipment, boilers, and installed machinery breakdown.
Plans
Choose Your Plan
Contractors' All Risk (CAR)Construction projects — buildings, roads, bridges, hydro — from first delivery to handover.
Erection All Risk (EAR)Installation of plant and machinery, including the testing period.
Contractor's Plant & Machinery (CPM)Accident cover for your excavators, cranes and loaders — at work or at rest, after commissioning.
Electronic Equipment (EEI)Servers, computers, medical and office electronics — at work or at rest, after commissioning.
Boiler & Pressure VesselExplosion or collapse cover, including injury to third parties.
Machinery BreakdownInstalled machinery against sudden, unforeseen breakdown — defect in casting or material, faulty design, explosion, short-circuit or centrifugal force — after commissioning.
Included
What you get
- Unforeseen and sudden physical loss from any cause not specifically excluded
- Third-party liability built into CAR, EAR and Boiler — injury and property damage at or near the site
- Debris removal costs covered when a separate sum is entered in the schedule
- Repairs paid at the cost of restoring your equipment to its pre-loss condition — CPM, EEI and Boiler settle replaced parts without depreciation
- Litigation costs covered with our written consent
Coverage Details
What's protected, and what isn't
- Sudden, unforeseen loss or damage during the project (CAR / EAR)
- Third-party injury and property damage on or near the site (CAR / EAR)
- Your plant and machinery at work, at rest, or dismantled for cleaning — after successful commissioning (CPM)
- Electronic equipment at work, at rest, or while dismantled for cleaning or shifting — after successful commissioning (EEI)
- External data media and increased cost of working, when scheduled (EEI)
- Explosion or collapse of boilers and pressure vessels during ordinary working — including third-party injury and your other property (Boiler)
- Sudden breakdown of installed machinery — defect, explosion, short-circuit, centrifugal force (Machinery Breakdown)
Before You Buy
Good to know
- Insure to full value — CAR at the full contract value at completion; EAR and CPM at full replacement cost including freight and duties. Under-insurance reduces claims proportionately.
- Cover ends at handover — CAR stops when works are taken over or put into service; EAR testing cover runs up to 4 weeks from the first test, and second-hand items cease the moment testing begins.
- CPM limits — plant working underground or in transit needs an endorsement; breakdown itself is not covered.
- Tell us within 14 days — we are not liable for any loss notified later than 14 days after it occurs.
- Boilers — inspection within statutory periods and a certified attendant are conditions of cover.
Claims
Claim in 4 steps
- 1Notifyby phone or email and in writing, immediately; no liability if notice arrives later than 14 days.
- 2Protectminimise the loss and preserve damaged parts for inspection; police report for theft or burglary.
- 3Surveyour representative inspects before repairs; you may proceed if inspection doesn't happen within an adequate time.
- 4Settlerepair, replacement or cash at our option, paid after bills and documents confirm the work.
Questions
Frequently asked questions
CAR covers construction works — buildings and civil works. EAR covers erection and installation of machinery and plant, including the testing period.
CPM is dedicated cover for your plant and machinery — at work, at rest, or dismantled for cleaning — not just while building the contract works.
At taking-over or completion of the first test, at the latest 4 weeks after testing begins — and immediately when testing starts for second-hand items.
No — it covers explosion or collapse. Fire damage to your property belongs under Property Insurance.
Not under EEI — theft is excluded. Consider Property or burglary cover for that risk.
Full terms, limits and rate tables live here — not on this page.
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