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For more information, call 087 577 4777, 0860 328 328 or email takaful@fnb.co.za

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Transit and Erection

This cover is necessary for loss or damage to plant and machinery during operations such as:

  • Dismantling or erection
  • Position or re-siting
  • Storage or transit
  • Maintenance or repair
  • Demonstration or exhibition
  • Liability for third parties

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Works Damage

  • Cover protects clients against accidental or physical loss or damage to property
  • May include cover for plant and machinery belonging to the client, as well as for property being manufactured or worked on

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Contractors

Plant and Machinery (Plant All Risks)

  • Cover provided for accidental physical damage to plant
  • Cover may be extended to include loss or damage to hired plants
  • Ongoing hire charges, including liability to third parties following loss or damage for which the client may be responsible, can also be incorporated into our cover

Contractors All Risks

Cover protects the employer and contractor (as well as other participants as required by contract or agreement) against risks associated with construction, including legal liability to compensate for death/injury and loss or damage to third parties.

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Computer/Electronic Data - Processing Equipment

Cover provided to protect equipment which is either owned or leased against a wide range of perils whether the equipment is on the premises, in transit or even temporarily located at other premises.

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Deterioration of Stock (following Machinery Breakdown)

Cover protects clients against loss or damage by deterioration or contamination of goods during storage (kept within a controlled environment) as a result of an indemnifiable event under the Machinery Breakdown agreement.

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Machinery Breakdown (including Loss of Profits)

Cover for sudden and unforeseen physical damage to plant and machinery whether it is:

  • Resting or at work
  • Being dismantled or in subsequent re-erection
  • Repositioned or removed
  • Cleaned
  • Inspected
  • Overhauled

Cover may be extended to protect clients against loss in respect of business interruption following an indemnifiable event under the Machinery Breakdown.

Engineering

Bespoke solutions covering risks in manufacturing, distribution + construction

The engineering industry consists of a broad spectrum of activities and services, which is why our comprehensive FNB Insurance Brokers Takaful Engineering product offering incorporates key industry standards.

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More on engineering insurance

Our engineering
insurance
solutions

We offer bespoke solutions that cover risks in manufacturing, distribution and construction.

Machinery Breakdown (including Loss of Profits) Deterioration of Stock (following Machinery Breakdown) Computer/Electronic Data - Processing Equipment Contractors Works Damage Transit and Erection

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First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).