Erection All Risks Insurance (E.A.R)
Provide cover for all risks of damage or loss incurred in the process of installation machinery.
Scope of Cover
- Fire, Lightning, Explosion, Aircraft Fall and Smoke.
- Riots, Strikes, Riot and Malicious Acts.
- Typhoon, Storm, Flood and Water damage.
- Earthquake, Volcanic Eruption and Tsunami.
- Landslide and Soil Movement.
- Robbery and Theft.
- Design Errors (Optional).
- Errors or Omissions Labor.
- Other Accidents.
Machinery Break Down Insurance (MB)
Provide cover for any loss or damage to machinery as a result of risks that are guaranteed in the policy.
Scope of Cover
- Planning or Installation Errors
- Eressures or Vibration Beyond Normal Limits.
- Errors / Omissions Operation.
- Lack of Knowledge / Skills Operator.
- Short Circuit, Damage To The Insulation.
- Lack of Lubrication or an Error
- The Non-Functioning Security Tools (Failure of Safety Equipment).
Electronic Equipment Insurance (EEI)
Provide cover for any loss or damage to goods / electronic equipment as a result of risks that are guaranteed in the policy.
This insurance provides a guarantee to :
- Owner
As the owner who operate by him/her self for their own needs or as a lesser who cause damage to their electronic equipment and can’t be accountable to the lessee.
- Lessee
As the party who lease electronic equipment can have interest if in the lease agreement the lessee must responsible for all damage or loss in the electronic equipment.
- Lembaga Keuangan, Bank, and Leasing
Bank or Leasing Companies that provide credit guarantees in the form of electronic goods, automatically have an interest.