Novo Insurance - Professional Insurance Services

Erection All Risks (EAR) Insurance

Type: Corporate Insurance | Category: Engineering Insurance

Policy Details

Learn more about the Erection All Risks (EAR) Insurance policy.

Erection All Risks (EAR) Insurance

Description

EAR covers risks associated with the erection, installation, and testing of electrical, mechanical, and heavy industrial equipment at project sites.

What is This Policy?

EAR Insurance protects contractors and clients during the installation of industrial plants and machinery. It covers accidental damage during erection, testing, or commissioning phases.

What is Covered

The policy covers accidental physical damage to machinery and equipment during unloading, erection, testing, and commissioning at the project site. It includes perils such as fire, explosion, lightning, human error, and natural calamities. Optional add-ons include third-party liability, surrounding property, and terrorism risk coverage.

Who Should Buy

EPC contractors, industrial plant owners, Any businesses handling installation of heavy electrical or mechanical assets

Key Features

  • Covers erection, testing, and commissioning stages
  • Third-party liability and surrounding property damage available
  • Suitable for one-off projects or annual policies
  • Burglary cover can be added for stored materials
  • Terrorism cover available as an optional extension

Get in Touch

Request a free consultation for the Erection All Risks (EAR) Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com