Erection all risks Insurance programme covers the risks involved during various industrial erection and testing on an individual machine, industrial machinery, industrial plants, steelworks and structure and third-party property and bodily injury arising in connection with the erection work. The cover may include Civil Engineering Works, Equipment for Erection, Removal of Debris, Professional Fees and the Principal’s Existing Property.
Sum insured for EAR is the Completely erected value of the property inclusive of freight and customs duty Insurance commences from the date of arrival of 1st consignment at the site of erection. Shall continue until expiry of the policy period or completion of the project (whichever is earlier ) Insurance