Engineering insurance
Term · Insurance and risk management · MLC-T-INS-001321
A specialized class of insurance that covers risks associated with construction projects, machinery, and equipment. This includes policies for contractors' all risks, erection all risks, machinery breakdown, and electronic equipment. It provides financial protection against losses due to unforeseen and sudden damage during construction, installation, or operation of technical assets.
| Identifier | MLC-T-INS-001321 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001321",
"term": "Engineering insurance",
"field": "Insurance and risk management",
"definition": "A specialized class of insurance that covers risks associated with construction projects, machinery, and equipment. This includes policies for contractors' all risks, erection all risks, machinery breakdown, and electronic equipment. It provides financial protection against losses due to unforeseen and sudden damage during construction, installation, or operation of technical assets.",
"url": "https://mlchart.com/terminology/insurance/engineering-insurance/"
}
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