Erection All Risk

This policy offers comprehensive cover by covering risks which may arise during erection or testing period. It gives financial protection to the engineering contracts in the event of any accident. The Erection All Risk policy is for erection and testing of Manufacturing units or individual machineries.
The policy also covers legal liability to third parties arising as a result of the project activity during the policy period
The EAR policy can be availed for the entire project period starting from arrival of material at site and till completion of testing and commissioning

Request for Callback

Coverage

Exclusion

Fire, lightning, explosion/implosion, aircraft damage,

Theft, burglary, Riots Strikes and Malicious Damage,

Negligence, lack of skill, collision, impact, dropping,etc.

Electrical/Mechanical breakdown during installation or testing

Damage due to faulty design, defective materials, bad workmanship, etc.

War and nuclear perils

Normal wear and tear, gradual deterioration etc.

Consequential loss like loss of revenue, penalty for delay etc.

Erection All Risk