Engineering Industry Capability: Flexible coverage for global protection
Since few industries face risks as large or complex as those in the engineering sector, Clements Worldwide has crafted tailor-made policies for engineers working outside of their home country on behalf of your organization. Highly customizable with worldwide coverage, Clements’ policies are designed to offer reliable financial protection from potential risks of operating engineering businesses abroad. By condensing multiple policies into one comprehensive plan, Clements provides seamless coverage to your organization’s assets.
Portfolio of Insurance Solutions
Our portfolio of insurance solutions tailored to the engineering industry includes but is not limited to:
- General and Professional Liability
- Coverage Employers Liability
- Marine Employers Liability (MEL)
Personal Accident: Provides your employees and beneficiaries with financial compensation in the unfortunate event of an accident during an international trip or living and working overseas. It offers 24 hour cover for Accidental Death and Dismemberment (AD&D), Disablement and pays for Medical Expense, Medical Evacuation and Repatriation. Personal Accident benefits are payable in addition to DBA or Workers Compensation benefits.
Defense Base Act: Required insurance per FAR 52.228-3 for all federally funded public works contracts overseas (OCONUS). Provides contractually required protection for the contractor’s civilian employees for medical expenses, lost wages, disability, and or death, including War Hazard, arising from work related injury or occupational illness.
Directors & Officers: Provides organizations, directors, officers and board members with the proper coverage in the event they are sued for alleged wrongful acts or negligence. It covers legal liabilities for alleged wrongful acts in their capacity as directors and officers and protects the personal finances of those board members that are exposed. Employments Practices liability is available with D&O to protect against suits from wrongful termination, discrimination, and harassment.
Maritime Insurance: Ensures compliance with BIMCO insurance requirements and GUARDAN standards that will achieve cost savings, better coverage, and more efficient policy administration.
As your partner in mitigating international risk, Clements can develop a policy tailored to your organization’s needs specifically for engineers. Call us today at +1.202.872.0060 or 800.872.0067 or email firstname.lastname@example.org