The ONE Engineering Insurance Policy is aimed at domestic and commercial enterprises including those in the construction, manufacturing and retail industries in addition to users of electro-medical and electronic equipment and computers. The cover is flexible and may be tailor-made to suit the specific needs of the client. It is designed to cover the following products on a stand-alone basis:
Machinery breakdown and business interruption (following machinery breakdown)
Deterioration of stock (following machinery breakdown)
Transit and Erection
Computer and Electronic Equipment
Contractors All Risk and Plant All Risk
Machinery
Sudden, unforeseen and accidental damage to specified plant and machinery on an individual basis
Express delivery and overtime incurred
Damage caused by operator negligence
Loss of Profits
Loss of profit following machinery breakdown
Deterioration of Stock
Deterioration of stock and foodstuff as a result of machinery breakdown
Transit and Erection
Construction of predominantly steel structures
Relocation of plant and machinery
Testing and commissioning of new equipment
Electronic Equipment
All types of electronic equipment, including individual items
Worldwide cover for laptops
Automatic Extensions under the Electronic Equipment section:
Reinstatement of data
Increased cost of working
Telkom access lines
Inclusion of automatic extensions under the Broadform liability section