Erection All Risks
Erection All Risks (EAR) insurance offers protection to principal and contractors and also to manufacturers and suppliers erecting machinery and plant etc. against financial loss due to any sudden fortuitous and unforeseen causes resulting in loss or damage to the property insured at the project site whilst being stored, erected, tested and commissioned
UIN: IRDAN108P0020V01100001
Self Service Options
Make changes to your policy & update
your contact details.
Make changes to your policy & update
your contact details.
Print policy document and view
renewal notice
Print policy document and view
renewal notice
Coverage
- Erection All Risks Insurance offers comprehensive coverage for plant and machinery construction risks.
- This policy can be extended to include third party liability related to work conducted on the contract site.
Add-on Covers
Below are some of the add-on covers that can be opted
- Surrounding property
- Debris removal expenses
- Third party liability
- Escalation costs up to 50%
- Air freight & express freight
- Extended maintenance
- Additional custom duty
*above list is indicative in nature and not exhaustive
Deductibles
The policy is subject to a compulsory excess & depends on the type of erection work
Exclusions
Exclusions
- War, Invasion, Act of foreign enemy, hostilities or War like operations (whether war be declared or not) Civil War, rebellion, revolution, insurrection, mutiny, Civil commotion, Military or usurped power, martial law, conspiracy, confiscation, commandeering a group of malicious persons or persons acting on behalf of or in connection with any political organization, requisition or destruction or damage by order of any Government de jure or defector or by any Public, Municipal or Local Authority;
- Nuclear reaction, Nuclear radiation or Radioactive contamination
- Willful act or willful negligence of the Insured or of his responsible representative;
- Cessation of work whether total or partial
- Inventory losses
- Manufacturing / design defects
- Consequential loss
