ENGINEERING RISK GUARANTEES

An engineering risk guarantee guarantees an indemnity payment to the constructor for losses that are caused during the period of construction by accidents to machines and building equipment or by the accidental and sudden breakdown of production equipment.

Engineering risk guarantee insurances serve as elements of support, offering the financial protection needed by investors.

Civil Construction Insurance
Civil construction insurances protect the constructor giving them guarantees against the risks that are inherent to building activities.

Installation Insurance
Installation insurances protect installation and building companies and the owners of the goods against any damage incurred during the period of installation and tests, in new industrial plants or in plants that are in process of expansion.

After the installation and testing of the machines, protection is needed against the material damage that may be caused if any machine suffers an accident. This protection is provided by Machine And Equipment Breakdown Guarantees, Loss Of Income Guarantees and Operational Risk Guarantees.

Engineering Risk Guarantee Insurances offer also effective protection to those who grant loans to finance the acquisition of machines and engineering installations.

STATUS NACIONAL offers consultancy and broker services in the Engineering Risk sector, offering the following products:

CIVIL CONSTRUCTION GUARANTEE
A civil construction guarantee offers protection against damage caused to civil engineering works, equipment and machines that are used in civil construction, by accidents incurred during the period of construction and - if required - the period of maintenance.

INSTALLATION GUARANTEE
An installation guarantee offers protection against damage caused to any kind of industrial installation, machine and any kind of steel structure, by accidents incurred during the period of installation and tests and - if required - the period of maintenance.

MACHINE BREAKDOWN GUARANTEE
A machine breakdown guarantee offers protection against damage caused to any kind of machine by failure or accident.

ELECTRIC EQUIPMENT GUARANTEE
An electric equipment guarantee offers protection against all internal and external damage in computer installations.

LOSS OF INCOME GUARANTEES
A loss of income guarantee offers protection against financial losses caused by the breakdown of machines.

OPERATIONAL RISK GUARANTEE
An operational risk guarantee offers protection against all internal and external damage caused to large industrial plants, where fire is not the prevailing risk.