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Engineering Insurance

 

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    Engineering Insurance

    Industrialization has led to mass usage of machinery to automate manual tasks. This has resulted in productivity and increased production capacities. Risk involved is this case is disruption of these machineries can result in huge financial loss and can badly impact the businesses.

    There can be cases where the extent of damage is very high and fatal injuries can happen to human beings as well who are operating these machineries.

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    To cover the financial loss to business various engineering insurance policies are available like

    • Machine Breakdown Insurance
    • Boiler and Pressure Plant Insurance
    • Electronic Equipment Insurance
    • Civil Engineering Completed Risks Insurance
    • Deterioration of Stock Insurance – Refrigeration Plant (Stock) Policy.
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