Engineer Your Protection: Customized Insurance Solutions for Engineering Risks
Building a facility – we know the risk associated and plan your Insurances to optimize cover for every phase till it being commissioned and operational.
Coverage Highlights
- Analysis of the nature of project and identifying major risks associated with it.
- Designing a risk management program based on client’s requirement
- Partnering with best-rated Securities for Engineering Insurance Placements
- Assist in & ensure prompt claim settlement
Deinon’s Engineering Team provides a wide range of Risk Management and Advisory Services for all your needs in the field of Construction & Infrastructure (C&l). The Team has extensive experience in a wide range of projects from residential / commercial builds to complex civil engineering, mechanical & electrical projects including power and petrochemical.
Engineering Insurance protects from risks associated with the construction, installation or malfunction of property or machinery and providing any company or stakeholders engaged in engineering and construction peace of mind.
Perils Covered
policy covers the explosion of a boiler or pressure plant during ordinary working. It includes damage to third-party property and the death or injury of third parties. Exposure to Principal's Existing/ Surrounding Property can also covered as an extension.
(ALOP-DSU) provides coverage for financial losses due to delays in construction and infrastructure projects.
Insurers, with a view to control frequency of claims, insist on time excess on such policies which range from 6 hours to 24 hours based on the nature of commodity and storage.
The above is a brief information of the covers available under the Policy. Please request a copy of the Insurer’s Terms & Conditions of the policy which shall be binding and considered as the final basis for the settlement of any dispute.
For more information. please write to infra-energy@deinon.ae