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A comprehensive protection plan covering all risks during the erection and installation of machinery, plants, and structures.
This policy includes coverage for heavy machinery and plants on-site, even during storage of uninstalled components at the site. Additionally, it provides coverage for testing after the erection process. The interests of the principal and any financiers can also be included.
Choose assurance for your intricate construction projects – select our Erection All-Risk Insurance Cover, customized to fully safeguard your project.
Protection with this policy begins from the arrival of the first consignment at the site, normal storage, erection, testing and until the plant is successfully commissioned and handed over.
The insurance value should be for the contract price. The Sum Insured should not be less than the end value of a completely erected property inclusive of freight, customs duty, and erection cost.
*Subject to terms, and conditions.
Particulars of cover and exclusions given above are not complete or exhaustive. For more details please call us on 0112 428 428 or visit one of our nearest branches.