Prudential Guarantee and Assurance, Inc. offers the most cost effective and comprehensive solution for the protection of your property against loss or damage while under construction and during installation of machine and equipment. With Prudential Guarantee and Assurance, Inc., you can build worry free.
Engineering Insurance covers all kinds of construction/installation of structures, machinery, equipment, systems and processes against loss, material damage and third party liability.
Types of Engineering Insurance:
Construction of buildings, installation of machinery, equipment, and systems insured under these lines are protected from all sudden and unforeseen loss or damage. Possible extensions to the CAR / EAR’s scope of coverage are:
Covers all types of industrial/commercial machinery such as boilers, generators, turbines, compressors, freezers, elevators, escalators and the like from sudden and unforeseen damages.
It protects electronic data processing equipment (computers), including its peripherals, from all sudden and unforeseen 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 lost information) and increased cost of working (additional expenditures in case of a loss or damage).
Possible extensions of cover under EEI:
Covers mobile equipment/devices against all risks from external cause (excluding electrical and mechanical breakdown).
Basic Underwriting Documents required for Engineering:
1.Contractor’s All Risk Insurance / Erection All Risk Insurance
2. Property Floater Insurance / Electronic Equipment Insurance / Machinery Breakdown / Boiler and Pressure Vessel Insurance
For inquiries, please call our Engineering Team at (02) 8894-0179 or send an e-mail to Mr. Raul Alejandrino at firstname.lastname@example.org or Mr. Arthur T. Esguerra at email@example.com