Erection All Risk

Scope of cover

Comprehensive cover against all the risk involved in the

  • Storage
  • Erection
  • Testing and Commissioning

of machinery  & plant pertaining to various Industries

Policy covers sudden and unforeseen loss or damage due to

Fire, lightning, explosion, aircraft damage

Riot, strike, malicious act

Flood, inundation, storm, cyclone and allied perils

Landslide, subsidence and rockslide

Burglary and theft

Faults in erection

Human errors, negligence, lack of skill

Short circuiting, arcing, excess voltage

Collapse, damage due to foreign objects, impact damages

Earthquake (optional)

Terrorism  (optional)

Any other sudden, unforeseen damages not explicitly excluded

Add on cover:

Third party liability

Cross liability

Cost of removal of debris,

Express freight,overtime charges,

Air freight,

Custom duty

Escalation

Owner’s surrounding property

Storage risk at Fabricator’s Premises

 

Please refer to the Policy Wordings for the complete coverages, exclusions and terms and conditions of the policy.

UIN no. IRDAN123P0040V01200203

Toggle Widget