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Erection All Risks
Erection All Risks

Erection All Risks insurance policy provides a comprehensive coverage for erection projects during storage, erection and testing for the entire period of the project.

It is applicable to:

    Setting up a new project

    Expansion of an existing project

    Dismantling and re-erection of an existing facility

Who can take the policy?

    Purchaser(s) or Owner(s)

    Contractor(s)

    Anyone with financial interest in the project

What do the add-on covers include?

    Own surrounding property

    Third party liability

    Cross liability

    Storage risk at fabricator's premises

    Maintenance cover

    Clearance and removal of debris

    Express freight (excluding air freight), holiday rates, overtime charges

    Air freight

    Escalation of cost

    Earthquake

    Act of Terrorism

    Additional custom duty i.e. the additional percentage of duty payable for reimport at the time of replacement, over and above the percentage of duty included in the original sum insured

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Man Steel & Power Ltd

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