Erection All Risks (EAR) policy is designed to cover Plant and Machinery under erection. Interest of Suppliers/Manufacturers, Contractors, Subcontractors can be recorded in the policy.

Scope of cover

This policy covers risks associated with storage, assembly/erection and testing of Plant and Machinery.
EAR insurance provides comprehensive cover.
All perils are covered unless specifically excluded.
Cover commences from the date of arrival of first consignment at site
Cover terminates on the date of expiry as per policy or on completion of Erection and Trial run whichever is earlier.
In the event of non-completion of the project within the period as per policy, cover may be extended for such further tim as may be required at additional premium

ADD ON COVERS

Owners' Surrounding Property
Removal of Debris
Additional Customs Duty
Air-Freight
Express freight, Overtime charges, Holiday wages etc.
Contractors’ Plant & Machinery (upto Rs.25 lacs)
Third Party Liability(with/without Cross liability)
Maintenance Visit or Extended Maintenance
Catalyst during Hot test (Petrochemical risks)
Holiday and Overtime rates and Wages.
Escalation.