EAR policies often include an extended maintenance period, covering accidental damages post-completion, giving contractors and owners added security after installation is finished.
Erection All Risk policies provide flexibility, letting contractors tailor coverage duration to fit project timelines, ensuring full protection throughout the entire installation and completion process.
Coverage extends to testing and commissioning, securing projects against potential damages during initial operational phases, ensuring readiness and minimizing unforeseen financial setbacks.
Erection All Risk insurance protects against material damage during the installation phase of projects, covering machinery and equipment from accidental losses or damages, ensuring seamless project progress.
It provides coverage for damages during the installation or erection of machinery, equipment, and structures, including third-party liabilities and property damage.
Contractors and businesses involved in the installation or erection of machinery and equipment in construction projects should have this coverage.
It covers damages to machinery, equipment, and structures during erection, as well as third-party liability and property damage.