13 Dilkusha C/A Dhaka-1000, Bangladesh

“ করবো বীমা গড়বো দেশ , স্মার্ট হবে বাংলাদেশ”

Engineering Insurance

Products & Services / Engineering Insurance

Secure your engineering
projects 
with  Eastland  Insurance

Engineering insurance refers to the insurance that provides economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation. Product categories: Depending on the project, it can be divided into construction project all risks insurance and installation project all risks insurance; depending on the attribute of the object, it can be divided into project all risks insurance, and machinery breakdown insurance.

Coverage We offer

Contractors All Risk Insurance (CAR)

This type of coverage provides protection for the contractor against loss or damage to the works, plant, and equipment during the construction period and also third-party liabilities arising out of the works.

Boiler & Pressure Vessel Insurance (BPV)

Boiler and Pressure Vessel (BPV) insurance is a specialized type of insurance that provides financial protection for businesses that operate boilers and pressure vessels.

Erection All Risk Insurance (EAR)

Erection All Risks (EAR) Insurance is a type of engineering insurance that provides financial protection for businesses involved in the installation, commissioning, and testing of machinery, equipment, and structures

Electrical Equipment Insurance (EEI)

This is a type of insurance that provides financial protection for businesses that use and operate electrical equipment. It can help protect against loss or damage caused by faults, malfunctions or breakdowns to the electrical equipment

Machinery Break-down Insurance (MBD)

This type of coverage provides protection for the contractor against loss or damage to the works, plant, and equipment during the construction period and also third-party liabilities arising out of the works.

Contractors Plant & Machinery Insurance (CPM)

Insurance that provides financial protection for businesses that own and operate plant and machinery, such as construction equipment, vehicles and tools, used in their operations.

Deterioration of Stock Insurance (DOS)

Deterioration of Stock (DOS) insurance is a type of insurance that provides financial protection for businesses that store perishable goods, such as food products, chemicals, and pharmaceuticals.

Our easy work process for getting Insurance

01
Submits Insurance Materials

Client select reliable insurance and submits insurance materials

02
Company Studies Insuring Materials

Insurance company studies insuring materials and quote price for clients

03
Clients Accept Insurance

Issue insurance policy and payment notice to the clients and pay insurance premium

04
Receive Insurance Policy

Client receive insurance policy from the company