The Vital Role of Engineering Insurance in Modern Infrastructure Development

Combining policies such as Erection All Risk Insurance, Industrial All Risk Policy, and Business Interruption Insurance, businesses can safeguard their investments, protect their assets, and ensure continuity in their operations. As infrastructure continues to evolve in complexity and scale, the importance of engineering insurance in risk management cannot be overstated. It is not just a safety net but a critical tool that enables the successful completion of infrastructure projects in today's ever-changing world.

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The Role Of Insurance In Property And Construction: Protecting Your Business And Assets

Several factors on a building site could cause future accidents, and if they are serious, your company could be in danger. Therefore, having a strong property and construction insurance foundation will always make it easier to maintain your firm secure and operating normally.

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Latency coverage under personal accident policies

Latency coverage in personal accident policies allows claims for death or disability if they occur within a set period after the injury—typically 12 months for standard PA policies and 6 months for compulsory motor insurance. It’s crucial to review these clauses, as some policies may restrict further claims if a benefit has already been paid for the same accident.

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Different Types Of Maritime Industry Losses

Understanding the marine losses to ensure a shield against them is important, especially for the insurance companies and the insurance brokers to provide their clients with apt services and insurance contracts. This also helps in evaluating the risk exposure in transit and loading, and claim procession with a complete understanding of the exclusions, financial analysis, and coverage.

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Protect Your Business: Lessons from a Recent Whale Phishing Incident

Most comprehensive cyber insurance policies cover incidents of social engineering fraud, including whale phishing attacks conducted through electronic means. However, incidents not conducted through electronic methods, such as phone calls, may not be covered by most cyber insurance policies. It’s essential to review the specific terms of your policy to confirm coverage.

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