Tap to Call

Erection All Risks Insurance

Why Erection All Risks Insurance Protection ?

This Policy protects your financial investment in a project either as a Principal or as a Contractor. The policy can be taken by you as the Principal, Contractor, and Sub Contractor either individually or jointly.

What the Policy covers ?

The policy offer covers at various stages of the projects including Storage, Erection, Testing, and Commissioning. This is a comprehensive policy to cover damage to your project arising from all unforeseen circumstances subject to certain named exclusions.

professional liability insurance providers
best vehicle insurance company

Scope of cover ?

It covers all physical losses and damages arising from:

Location Risks:-
Fire, Lightning, Theft, Burglary and House breaking.

Handling Risks:-
Impact from falling objects, collision, failures of cranes or tackles etc.

Testing & commissioning risks:-
Failures of safety devices, leakage of electricity, insulation failures, short circuit, explosion (Applicable to EAR Policy only).

Acts of God:-
Storm, tempest, hurricane, flood, inundation, subsidence, landslide, rockslide and earthquake.

What the Policy does not cover?

Your policy does not provide coverage for loss or damage resulting from

    • War and Nuclear group of perils
    • Willful Act/ Negligence
    • Inventory Losses
    • Normal Wear and Tear, Gradual Deterioration, Rust

    • Aesthetic Defects, Scratching of Painted or Polished surface, Breakage of Glass
    • Loss or Damage due to Faulty Design, Defective Material or Casting and bad Workmanship (limited to items immediately affected)
    • Damage to files, drawings, accounts, bills and currency
    • Cost of rectification or correction of any error during erection not resulting in physical loss or damage

    • Penalties for non-fulfilment of contractual obligations
    • Consequential Losses
    • Cessation of Work – Partial or Total
    • Policy Excess – This is the first amount of any claim that you have to bear

Please read the policy for complete list of exclusions.

What can be covered on payment of additional premium ?

You may extend your policy by paying additional premium. Major optional extensions available are

Air Freight
Express Freight, Holiday and Overtime Wages
Additional Customs Duty
Contractors Plant & Machinery up to specified limits
Storage Risk at Fabricators Premises
Clearance and Removal of Debris
Third Party Liability
Cross Liability
Owner’s Surrounding Property

Note: The details furnished above are only a summary of product features and do not describe the entire terms, conditions and exclusions of the Policy. For further details or clarifications on the Policy, please refer policy wordings attached.

Get in touch with us

At Ethika, we understand that Insurance Broking is about ensuring the best interest of our customers and establishing trust. Our team has diverse experience and strong expertise which enables us to understand your business needs and your risks well. Our experts are highly innovative and they deploy the latest technology tools to bring Speed, Effectiveness and Utmost Responsiveness to your doorstep.

#88, Above MRF Tyres,
Gachibowli – Miyapur Rd,
Hyderabad. 500032

040 – 48599353


Wework Raheja platinum Building Sag Baug Road, Off, Andheri – Kurla Rd, Marol, Andheri East, Mumbai, Maharashtra 400059

+ 91 22 2640 8431

Workafella Business Centre,  150, 1, Infantry Rd, Opp. Commissioner Office, Vasanth Nagar, Bengaluru, Karnataka 560001

Ethika Insurance Broking Pvt. Ltd. IRDAI Certificate No: 574, Date of License: 8th  Aug 2019, License valid till 7th Aug 2022,
Registered Address: 517, B Block, Vijaya Raghwa Township, Nallagandla Bypass Road, Lingampally. 500019
Principal Officer: Susheel Agarwal, Contact Details of Principal Officer: susheel@ethika.co.in +91 8498094600,
Directors: Susheel Agarwal and Suresh Agarwal, Category of License: Direct (Life and General).

health insurance broker

Comments are closed.