Engineering Insurance

Engineering Insurance

Engineering insurance is one of the most important forms of general insurance, used to protect projects and equipment from technical and unexpected risks that may occur during installation, operation, or construction phases. Takaful Insurance Company offers a comprehensive range of insurance solutions that ensure full protection for engineering projects at all stages.

Types of Engineering Insurance:

1. Electronic Equipment Insurance:
Covers damage to sensitive equipment such as:

Computers
Communication systems
Hospital equipment
Other sensitive electronic devices.

2. Contractors’ All Risks Insurance:
Provides full protection for construction projects against:

Fire
Theft
Natural disasters
Unexpected accidents during the project execution period.

3. Installation All Risks Insurance:
Designed for projects involving the installation of equipment or machinery, it includes:

Coverage for errors or damage that may occur during the installation process.
Coverage for any physical damage that might occur during the testing period after installation is complete.

4. Machinery and Equipment Insurance:
Provides coverage for damage or loss to heavy machinery and equipment used in construction and operational sites.

5. Machinery Breakdown Insurance:
Protects machinery during operation from sudden breakdowns that may cause work stoppages or financial losses.