The Erection All Risk insurance

The Erection All Risk (EAR) insurance covers loss or damage to projects that involve erection/ It protects a contractor or employer against physical loss or damage to the contract works, construction plant, and equipment or machinery.

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Erection of All risks:

This policy offers comprehensive cover by covering risks that may arise during the erection or testing period. It gives financial protection to the engineering contracts in the event of an accident. The Erection All Risk Policy is for the erection and testing of manufacturing units or individuals machines. The policy also covers legal liability to third parties arising as a result of the project activity during the policy period. The EAR policy can be availed for the entire project period starting from the arrival of material at the Site and till the completion of testing & commissioning.

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TYPES OF coverage:

  1. Fire lightning.
  2. Explosion / implosion.
  3. Aircraft damage.
  4. Flood, storm, landslide.
  5. Theft, burglary, Riots Strikes & Malicious Damage.
  6. Negligence, lack of Skill, Willison, impact dropping, etc.
  7. Electrical/mechanical breakdown during installation or testing.
  8. Terrorism.
  9. Earthquake.
  10. Clearance and removal of debris.
  11. Third-party liability cover.
  12. Surrounding property of the insured Escalation provision.
  13. Express freight, holiday & overtime rates of the wages.
  14. Air fight.
  15. Additional custom duty.
  16. Construction machinery plants and equipment.
  17. Maintenance visits cover and extended maintenance cover.

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Erection of All risks

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Since 1914, the New York Mutual Insurance Company has been serving policyholders protecting businesses

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Very helpful fully explaining the different plans. Cash value is accessed via loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada

Very helpful fully explaining the different plans. Cash value is accessed via loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

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    Since 1914, the New York Mutual Insurance Company has been serving policyholders – protecting businesses, mitigating losses, defending claims. Renters .

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