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Provides cover to the contractor for loss or damage to mechanical and electrical works from insured perils that may occur during the course of erection of plant or machinery (in factories), tanks, generators etc.

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In order to place an Erection All Risks insurance Policy, the client will need to provide the following details:-

  • Description of Erection works and value of the works.
  • Physical location of the erection works
  • Specification and value of plant or machinery being installed

Already covered under product description

 

  • Engineering firms involved in major electrical and machinery installation
  • Businesses or companies erecting a new industrial plant
  • Companies engaged in the installation and maintenance of plant and machinery

In the event of an incident that may lead to an erection All Risks insurance claim, the following documents will be required to process the claim:

  • A Duly completed Claim form.
  • Police abstract report (in case of accidental damage or malicious damage).
  • Quotation for damaged works/ repair or replacement estimate
  • Statement on the circumstances of the loss from the insured/ contractor.
  • Witness(es) statement(s).
  • An engineer’s report.

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