Liberia Ltd

 Activa presents the best and widest range of engineering insurances such as:

Contractors’ All Risks (CAR) Insurance

This policy provides cover for all risks associated with your project except those specifically excluded in the policy. This may be concluded by the principal or by the contractors engaged in a project including all contractors as well as third-party claims in respect of property damage or bodily injury arising in connection with the execution of a Contract. Almost any sudden and unforeseen loss or damage occurring to the property insured on the Construction site during the period of insurance will be indemnified.

Contractors’ Plant and Machinery (CPM) Insurance

It covers losses or damages to plant and machinery occurring at work, at rest or during maintenance operations.

Civil Engineering Completed Risks (CECR) Insurance

This policy is designed to provide comprehensive cover for civil engineering structures after their completion.

Erection All Risks (EAR) Insurance

This branch of Engineering Insurance offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind, as well as third-party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project. EAR insurance provides a very wide cover.  Almost any sudden and unforeseen loss or damage occurring to the property insured on the erection site during the period of insurance will be indemnified.

Principal’s Advance Loss of Profits (ALOP) Insurance

Principal’s Advance Loss of Profits insurance also known as Advance Loss of Profits (ALOP) insurance indemnifies the actual loss of gross profit sustained as a result of the delayed commencement of business operation caused by accident covered under the Contractor’s All Risks or the Erection All Risks policies.

Machinery Insurance

This product grants effective insurance cover for plant, machinery and mechanical equipment at work at rest or during maintenance operations.

Machinery Loss of Profits (MLOP) Insurance

MLOP insurance compensates for:

1. Continuing business expenses (standing charges) including the salaries and wages paid to employees

2. Net profit

3. Increase in cost of working, i.e. the additional expenditure necessarily and reasonably incurred for avoiding or diminishing a reduction in turnover.

Deterioration of Stock (DOS) Insurance

Deterioration of stock in cold Storage insurance is designed to meet the requirements of those who want to insure themselves against deterioration of goods in cold storage due to a breakdown of refrigerating machinery.

Electronic Equipment (EE) Insurance

 This provides insurance cover for all electrical and electronic systems such as:

• Electronic Data Processing (EDP) equipment

• Electrical equipment for medical use

• Communication facilities

• Lighting and navigation facilities

• Equipment for research and material testing

Cover includes:

Property Damage

Data Media

Increased cost of working following a breakdown

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