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What is an INSURANCE?

Insurance is a contract, represented by a policy, in which an individual or entity receives financial

protection or reimbursement against losses from an insurance company.


1. For Equipment and Construction Needs

Protect your equipment and the construction works of your business. We have a range of insurance
solutions that provide coverage for the many assets of the business or company. We also have solutions
that provide protection for on-going construction and other civil works.

2. Construction All Risk Insurance

All-Risk Insurance for Construction

Insures construction projects such as buildings, roads, bridges and other civil engineering projects
against accidents resulting in loss or damage of works in progress, materials, construction equipment
and machinery during the period of construction. Covers the cost of the completed portion inclusive of
the cost of materials on site, wages, freight and customs duties. May also include third party liabilities
arising from construction activities. This may also be extended to cover the period of testing.


1. Worker’s Compensation

This insurance covers work-related injury or illness. The definition of work-related injuries include those
that occur off work premises, such as those arising from an auto accident that occurred while an
employee was driving between job sites

2. Disability Insurance

A complement to worker’s compensation insurance, this coverage is against injuries and illnesses that
occur off the job.

3. Unemployment Insurance

Almost all businesses must pay for unemployment insurance, which is a joint federal/state program.

4. Life Insurance (Death Insurance)

Key employees contribute talent and knowledge to their companies that do not have a clear monetary
value. Because of this, insurance companies employ one of three methods for determining the amount
of life insurance necessary to cover a key employee in the event that he dies. The replacement cost
method takes into account the total cost of replacing the employee, including costs associated with
decreased profits, hiring and training, and his current salary. The contribution to earnings method
determines the percentage this key employee contributes to gross earnings of the business.

5. Health Insurance
Many businesses purchase health insurance for all employees, but smaller start-up businesses, or those
with tight budgets, may only be able to afford health insurance for key employees. Business owners may
wish to purchase specialized health insurance for a key employee that covers only catastrophic illness.