Oil & Gas insurance

Oil & Gas insurance

This policy covers all risks of physical loss and destruction to the insured properties, including legal liability arising from damage to the insured's properties or resulting from the insured's operations, which may involve their agents. 

Properties covered under this policy would include the following:

• Oil Rigs and Platforms
• Pipe Lines
• Flow Stations
• Gas Terminals
• Farm Tanks
• Operators Extra Expenses
• Cost of Controlling Well Fire
• Cost of Re-drilling
• Oil Seepage and Pollution (Clean Up Costs and Third Part Liabilities)
• Cryogenic Vessels - Hull
• Employee Properties/Welfare Policies
• Employer Liabilities
• Extra Cover as desired by the Operator.

Construction All Risk Insurance

This policy offers comprehensive protection against loss or damage concerning contract work, construction plant and equipment, and/or construction machinery. The policy may also be extended to provide protection against third-party legal liabilities.

Erection All Risk Insurance

This policy offers comprehensive protection against all the risks involved in the erection of machinery, plant, and steel structures of any kind. It may be extended to cover third-party liabilities associated with the erection project.

Plant All Risk Insurance

This policy covers loss or damage to insured machinery while situated at the location from any external cause, including fire, explosion, impact damage, burglary, and legal liability arising from it.

Machinery Breakdown Insurance

Provides indemnity for the cost of repairing or replacing insured machinery as a result of breakdown while the machinery is: Working, at rest, being dismantled, moved, or re-erected for the purpose of cleaning, inspection, or installation in another position within the location of the risk.