Engineering insurance

Engineering insurance refers to the insurance that provides economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation.

They are basically of 2 types

  • Construction Phase insurance : These policies are Issued for the entire duration of the project irrespective of the time duration of the project.
  • Operation phase Insurance : These are annual policies which include machinery insurance, electronic equipment insurance etc. We facilitate smooth claim process by calling upon experts who are have an eye for detail and are subject matter experts.

Engineering Insurance Policy can be taken out with joint names of contractor and employee. Contractors, sub-contractors, suppliers, manufacturers of equipments can take this policy.

Coverages Exclusions
Plant and machinery construction risks Loss due to faulty design
Loss due to earthquake, fire and shock Loss due to defective material
Loss to property insured against sudden and unforeseen causes that necessitate its repair or replacement Any damage or penalties on account of the insured’s non-fulfillment of the terms of delivery under his contract of construction etc
Loss of or damage to files, drawings, accounts, bills, currency, stamps
Attention Investors: "Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"                  KYC is a one-time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.                 "As per SEBI norms from January 2016, all DELIVERY BOOK ISSUED BEFORE 01-10-2014 WILL BECOME VOID. No Share Transfer Request will be executed on the basis of Old Delivery Book Issued before 01-10-2014. You requested to kindly GET ISSUED NEW DELIVERY BOOK. Old BOOK VALID TILL 15-01-2016. We are not liable for any delay after the due date. So you are requested to issue new book earliest as possible."                                  No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign the application form to authorize your bank to make payment in case of allotment. No worries for the refund as the money remains in investor's account.                                   Prevent Unauthorized Transactions in your Demat account: Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account directly from CDSL on the same day.........issued in the interest of investor                  "WE DO CLIENT BASED TRADING AND PRO-ACCOUNT TRADING IN NSE, BSE, MCX, NCDEX, NMCE"

Registration Number: Narayan Securities Ltd: INZ2000102435 || Narayan Commodity Brokers Pvt. Ltd. INZ2000176139