The Guaranteed Service Insurance Company


The Engineering insurance policy has a wide range of coverages against loss or damage pertaining to engineering projects. The Contractor’s All Risks (CAR) Policy and Erection All Risks (EAR) Policy are policies guaranteed to protect against construction and erection risks.

The Contractor's All Risks Policy and Erection All Risks Policy extend engineering insurance protection against practically all conceivable risks to engineering (construction and erection) projects, including, but not limited to, the following:

  • Cost of Property to be constructed/erected.
  • Freight
  • Customs Duties and Dues
  • Cost of Construction/Erection
  • Bodily Injury
  • Property Damage
  • Material Damage
  • Third Party Liability
The Engineering Insurance policy may also be extended to cover all types of industrial and commercial machinery such as boilers, generators, turbines, compressors, freezers, elevators, escalators and the like from unforeseen damages.
The Electronic Equipment insurance policy is designed to cover electronic data processing equipment against unforeseen and sudden loss or damage. This insurance product may also insure material damage cover (hardware), data media center (software; data media and the cost of restoration of information) and increased cost of working (additional expenditures in case of a loss or damage).
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