ENGINEERING INSURANCE Inquiry Request :
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Facebook: Oliver Bugarin, Loan Consultant/Financial Advisor
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Bro. Oliver Bugarin, Licensed Financial Advisor
for Life/Variable Investment / Non-Life
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ENGINEERING INSURANCE in Philippines
CONTRACTOR'S ALL RISK (CAR)
A class of engineering policy that covers all types of construction works & civil engineering construction and offer protection against hazards which may threaten works under construction.
ERECTION ALL RISK
A class of engineering policy that covers the erection or installation of individual machines or plants ranging from complete power stations to lifts and air-conditioning system.
COMPUTER ALL RISK
A type of insurance policy that covers claims arising from unforeseen and accidental loss or damage with respect to the computers, its accessories and peripherals.
A type of accident insurance for machines and mechanical installations. It covers all types of stationary and mobile machinery as well as apparatus used in the industry from the smallest electric motor up to the steam turbo alternators used in the modern electric power plants, whether normal, working or not.
Basically the same with Computer All Risk Insurance however, EEI covers all types of electronic equipment such as telephones systems or PABX, hospital electronic equipment, picture developing equipment, fax machines, photo copying machines, scanners, etc.