GENERAL INSURANCE

Erection all risk insurance policy

Erection all risk insurance policy provides cover for huge amounts of losses which can occur during a construction process. This is specially useful for civil engineers, contractors, financers etc and protects them against unexpected instances which might lead to huge losses.

Erection all risk insurance policy gives cover from all risks including plant and steel structures of any kind, machinery and installation risks etc.

Experts from specialized industries including pharmaceutical, automotive, energy, agriculture, chemical, construction are called upon to facilitate a fair and easy claim process.

Coverages Exclusions
Plant and machinery construction risks Damage due to War, Civil war, Revolution etc
Third party liability related to work contract to site Loss or damage due to willful act or willful negligence
Faults in erection Consequential loss
Human errors, negligence. Loss due to nuclear radiation
Short circuiting, arcing, excess voltage Arising out of fines, penalties
Electrical and mechanical breakdown Loss due to nuclear reactor
Any other sudden, unforeseen, accidental damages not explicitly excluded. Design defects
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