• 4411510, 4411520, 4411735
  • nbic@mos.com.np

Engineering Insurance

In modern society many entities own or operate costly plant and machinery. Infra-structure like roads, bridge, dams, power generation and transmission facilities, mineral extraction and processing, Water treatment plants and the many others are required for prosperity. There are risks of loss or damage associated with this area, for which the company has policies available, or can be arranged to suit specific circumstances. Engineering policy covers all risk cover with act of god perils and can further extended to cover third party liability and riot, strike damage, malicious damage and sabotage terrorism. Available policies are as follows: Contractors' All Risks Erection All Risks Contractors' Plant & Machinery Machinery (Breakdown) Boiler Explosion Electronic Equipment (Computers, telephone systems, faxes, medical diagnostic equipment) Machinery Loss of Profit (Following loss or damage to the machinery caused by insured perils under Machinery insurance) Deterioration of Stock (Food stuff in Cold Storage)

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