Engineering Insurance
At Prosperity Pathways, we understand that engineering projects involve high investment, technical complexity, and multiple risk exposures.
From project installation to operational machinery risks, we provide specialised engineering insurance solutions through 20+ leading insurers — ensuring your assets, equipment, and projects remain financially protected.
We are associated with reputed insurers including:
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HDFC ERGO General Insurance
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ICICI Lombard
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Tata AIG General Insurance
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Bajaj Allianz General Insurance
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Reliance General Insurance
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IFFCO Tokio General Insurance
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And many other leading insurers.
Our multi-insurer approach allows us to compare policy wordings, risk coverage, deductibles, and pricing — so you receive the most suitable protection for your project or plant.
Types of Engineering Insurance We Offer
1.Contractors All Risk (CAR) Insurance
Comprehensive coverage for civil construction projects against accidental damage during construction.
2.Erection All Risk (EAR) Insurance
Protection for machinery installation and plant erection projects.
3.Contractor’s Plant & Machinery Insurance (CPM)
Coverage for construction equipment like cranes, excavators, loaders, etc.
4.Machinery Breakdown Insurance
Financial protection against sudden and accidental mechanical or electrical breakdown.
5.Boiler & Pressure Plant Insurance
Coverage for damage due to explosion or collapse of boilers and pressure vessels.
6.Electronic Equipment Insurance
Protection for electronic systems such as servers, medical equipment, CNC machines, etc.
7.Deterioration of Stock Insurance
Coverage for stock loss due to machinery breakdown (especially cold storage units).
What Is Typically Covered?
Coverage varies as per policy terms, but may include:
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Accidental physical damage at project site
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Fire, natural calamities, and external perils
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Testing & commissioning risks
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Mechanical & electrical breakdown
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Third-party liability (optional add-on)
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Repair or replacement cost of damaged equipment
Who Should Consider Engineering Insurance?
Why Choose Prosperity Pathways?
✔ Access to 20+ leading insurers
✔ Risk-specific coverage structuring
✔ Transparent comparison process
✔ Support during policy issuance & claims
✔ Long-term advisory partnership
We don’t just arrange policies.
We help you safeguard high-value projects and critical assets with structured risk management solutions.