What is Engineering insurance?
- Access to a specialised team of experts who will assist you to make informed decisions regarding the cover you require
- Enjoy exceptional value for money
- Assistance with risk appraisals from our experienced underwriting staff who are supported by qualified Engineers
- Access to a team of highly trained claims handlers who will deal with your claims quickly and efficiently
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Whatever criteria you prioritise in a Construction and Engineering insurance policy – flexibility, transparency, dependability – you can rely on Old Mutual Short-Term Insurance, to provide world class cover combined with exceptional customer service.
Contact us to discuss your Construction and Engineering requirements by calling your broker or +267 399 5700.
You can email us too on sales@oldmutual.co.bw.
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Engineering Insurance covers a broad range of options from Plant All Risks to electronics.
- Plant All Risks is cover primarily for mobile and non-mobile construction plant, mining and other mobile plant against physical loss or damage. This also applies to plant hired in or out
- Dismantling transit and erection (DTE) insurance ensures you have cover for the movement of machinery between premises and includes loading and offloading, repositioning and installation of machinery
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- Machinery Breakdown Cover caters for sudden and unforeseen physical damage to installed machinery at your premises or factory
- Cover includes damage resulting from dismantling and re-erecting machinery within the Insured’s premises
- Machinery covered can range from small compressors or motors, to larger types of machinery used in mining, manufacturing, cold storage and material handling
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- Marine Advanced Loss of Profits caters for loss of profits and the increased costs of working that results from a loss of production/turnover.
- It also covers a delay in start-up following loss of or damage to imported critical equipment covered by a Marine Cargo policy
- Stock Throughput Cover is a specialised policy which covers cargo risk, inland transit risk and stock storage risks
- Goods are usually insured from the supplier or manufacturer until placed in the hands of the end customer.
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- Applied Electronics cover is cover for electronic equipment in its widest spectrum of use
- All Risks covers fire, theft, surge damage, malicious damage and electrical or mechanical breakdown
- Equipment ranges from PCs to medical apparatus, PABXs (Telephone Exchanges) and mainframes
- Laptop/portable equipment covered on a worldwide basis
- The policy can be extended to include Increased Cost of Working (I.C.O.W) and Reinstatement of Data (R.O.D) cover
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Want to get in touch? Call us on +267 399 5700.
Old Mutual also offers Contract Works Insurance which covers construction and erection projects and provides protection for principals, contractors and sub-contractors against physical loss of or damage to the works during the construction phase. Projects can range from domestic dwellings to power stations. The policy also provides legal liability protection for principals, contractors and sub-contractors in the event of injury or damage to a third party person or property arising from contract works.
We've got you covered! Our Delay in Start Up Cover provides cover in respect of consequential losses that you may face, should a project be delayed beyond the estimated completion date, as a result of physical loss or damage to the works during the construction phase. Such losses could include loss of rent or loss of profit.
As one of Botswana's leading Construction and Engineering insurers, Old Mutual Short-Term Insurance Company has been protecting clients from financial loss for decades, providing superior insurance solutions to protect their business ventures. In addition, we have a team of experts at every level to assist you with your choice of cover, risk assessment and claims.
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