Erection All Risk Insurance
Cover your workplace for your peace of mind
Erection All Risk Insurance
Erection All Risk Insurance offers comprehensive protection against all the risks involved in the erection of plant and machinery as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project. Coverage may also be extended beyond the erection period to include all testing and commissioning works.
The material damage section provides cover against any sudden and unforeseen physical loss or damage occurring to the property insured on the erection site during the period of insurance will be indemnified.
This liability section of the policy provides indemnity in respect of third party liabilities which the insured shall become legally liable to pay as damages consequent upon :
- Accidental bodily injury to or illness of third parties; or
- Accidental loss of or damage to property belonging to third parties
Occurring in direct connection with the construction of the contract works and happening at or in the immediate vicinity of the construction site.
