Our Products

Civil Engineering Completed Risk Insurance

Engineering projects involve enormous amount of cost, man power and resources.

 

Policy Coverage

  • CECR is annual named peril policy for civil engineering structures like Bridge, Dam, Jetties, Canal, Tunnel, Water Reservoirs, Runways, Water Pipelines etc.
  • In event of loss policy indemnifies to repair/ reinstate the structure subject to policy conditions.
  • Fire.
  • Lightning.
  • Explosion/Implosion.
  • Riot, Strike, Malicious Damage and Terrorism as per Riot, Strike and Malicious damage clause printed hereon.
  • Impact by any Rail/Road or water borne vehicle or animal.
  • Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation, Wave action of water.
  • Subsidence and Landslide (Including Rockslide) damage.
  • Earthquake Fire and Shock (Including flood due to earthquake), Tsunami Frost, avalanche, ice.

 

Extension

  • stronPolicy Coverage

 

Sum Insured

  • Sum Insured should represent their new replacement values

 

Premium

  • Premium depends upon nature/type of construction and area of construction site.

 

Excess

  • The policy is subject to a compulsory excess.

 

Exclusions

The policy does not cover loss or damage due to:

  • Nuclear reactions, nuclear radiation or radioactive contamination.
  • Political risks.
  • Wilful act or wilful negligence.
  • Wear and tear.
  • Inherent defects.
  • Inherent defects, wear and tear, gradual deterioration, expansion or contraction of insured items due to changes of temperatureConsequential loss.
  • Lack of maintenance.

 

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (info@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

 

ADDRESS

  • Zoom Insurance Brokers Private Limited,
    Zoom House, 621, Phase – V, Udyog Vihar,
    Gurugram – 122016. INDIA.
  • info@zoominsurancebrokers.com
  • www.zoominsurancebrokers.com