As a leading construction and engineering underwriter in Namibia, Momentum Short-Term Insurance relies on forging strong relationships with our business partners and clients. We provide custom risk solutions backed by deep industry experience to ensure your projects move forward with confidence.
Momentum Engineering
Momentum Engineering
Contractors All Risks (CAR) Insurance
Essential comprehensive coverage for conventional civil works and building contracts. It secures risks associated with the physical construction itself, covering projects from dwellings to roads and bridges. Policies are tailored based on project specifics and can be issued on an Annual Blanket or Project Specific Basis.
Erection All Risks (EAR) Insurance
Designed for mechanical and installation contracts. This policy covers the inherent risks during the installation, assembly, and testing of plant and machinery, including factory production lines and towers. Coverage can be extended to include testing and commission risks.
Construction Public Liability
Our standard Construction Plant and Equipment Insurance Policy offers specialised extensions to ensure your operational assets are fully protected:
Construction plant and equipment extensions
Protects you against legal liability toward Third Parties. This indemnifies you for loss, damage, or injury caused by negligence arising directly out of construction activities on site.
- Hired-in Plant: Coverage for equipment rented by the contractor.
- Continuing Hire Charges: Protection against the costs of hiring replacement plant and equipment.
- Substitute or Replacement Plant Hire: Financial provision for utilizing replacement equipment following a loss.
- Third Party Liability: Comprehensive liability coverage encompassing both Site Risk (on-site operations) and Road Risk (plant being driven/transported).
