ERECTION ALL RISKS INSURANCE

 

WHAT IS COVERED?

Erection all risks polities are designed to cover the risk of loss arising gat of the erection are installation, including physical damage to the contract works.

SECTION 1- MATERIAL DAMAGE

This policy is designed to provide protection against loss or damage in respect of the contract works at constriction site, including contraction plant and equipment, contraction machinery, removal of debris professional fees and principal's existing property.

SECTION 2- THIRD PARTY LIABILITY

This policy designed to provide legally liable to pay to third party claims arising in connection with construction of a project

Period Of Insurance

Period of Insurance will be upon the specific period under the erection works or projects.