There is a plethora of risk involved with running engineering-based operations, pertaining to any possible damages or loss resulting from engineering-based environments, Philinvest offers the following services to ensure that all your engineering-based risks are minimized with the help of Philinvest Engineering Insurance services in partnership with various insurance companies.

Here are the major aspects offered by the policy.

Machinery Breakdown

Machinery breakdown can be a major detrimental factor in an engineering environment and can lead to major financial loss due to stoppage of production and any possible applicable loss to machinery and production environment and High Rise Residential Project in Manila is the service provided by Philinvest. Philinvest Engineering Insurance in partnership with our principal insurance companies provides extensive coverage to any possible loss of finances caused by the breakdown of machinery including any cost of parts damaged, production losses and other applicable losses.

Contractor Risk

Contractors are a major aspect of working in an engineering environment. They are mandatory to outsource materials and payments. Any delay or financial loss caused by a contractor can cause a major financial dent in the workings of any factor or business. Philinvest Engineering insurance in partnership with our principal insurance companies provides covers any possible loss of finances or business caused by any contractor and makes sure that in the case of any legal event, the financial cost is extensively covered for your business.

Deterioration of Stock

With the volatile state of the stocked products, any change of condition company stocked goods can effectively change rapidly with the change of events. This damage to company stock can lead to negative production based abilities, Causes of loss of stock can include refrigeration issues and other possible engineering based issues. Philinvest Engineering Insurance in partnership with our principal insurance companies provides covers any possible damages resulting from deterioration in the condition of stock and its consequent financial losses and the service provided by Philinvest includes High Rise Residential Project in Manila.

Electronic Equipment’s

Electronic equipment within a factor is critical to its functional performance and smooth functioning. Any damage to this equipment can lead to major subsequent halts in production and functional abilities. This equipment can include

-Computers

-Micro controllers

-Hardware Equipment

All of these can be covered under PhilInvest Engineering Insurance in partnership with our principal insurance companies to make sure that all electronic assets are insured and any loss of production or finances resulting from their malfunctioning is covered by the insurance. This can lead to secure functioning without the risk of damages caused by electrical equipment.

Advance Loss of Profit

Advance Loss of profit an occur in any engineering environment or factory as a result of a delay in production abilities. This can be a major financial cost and it can cause major impacts in gross profit for the company. PhilInvest Engineering Insurance services in partnership with our principal insurance companies provides covers any potential loss due to delays and ensures that gross profit is safe from delays.

Secure Your Engineering Environment Now- Get the best services for Engineering Insurance with Philinvest!

local companies and multinational organizations select us for their engineering insurance requirements in the Philippines, Manila and Cebu. Call +63 9778151204 now or email us at info@philinvest.com.ph to get started with your engineering insurance application now.