Engineering
Articles on reading a policy, comparing covers and handling a claim.
EngineeringWhat Is Electronic Equipment Insurance?
Electronic equipment insurance protects the electronic machinery, equipment and data processing systems listed on the policy schedule against sudden and unforeseen causes not previously known. Theft and fire are inside this cover — under machinery breakdown they are not.
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EngineeringWhat Is Solar Plant Insurance?
A solar plant policy in Türkiye is not one wording. It is assembled from the fire, machinery breakdown and electronic equipment general conditions, and the differences between them decide what gets paid.
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EngineeringWhat Is Contractors' All Risks Insurance?
A Contractors' All Risks policy protects site values during construction. When does cover attach, who must buy it, and where does the third party extension stop?
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EngineeringWhat Is Machinery Breakdown Insurance?
Machinery breakdown insurance covers the repair and replacement cost of sudden, unforeseen physical damage to plant that has already passed its commissioning tests. Fire, theft, earthquake and loss of profit are excluded by the general conditions.
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EngineeringWhat Is Erection (EAR) Insurance?
Erection All Risks insurance protects a machine or plant from the moment it is unloaded at the erection site until commissioning, against any sudden cause not expressly excluded. A four-week testing period is included in the cover term as standard.
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EngineeringWhat Are the Types of Engineering Insurance?
Turkish engineering insurance rests on four sets of general conditions. The difference between them is the life stage of the plant, not the size of the cover.
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