Image Description

Erection All Risk

RISK COVERED:

• Coverage is on an 'all-risks' basis, including: Fire, lightning, explosions, aircraft damage o Riots, strikes, malicious acts
• Floods, inundation, storm, cyclone and allied perils
• Landslide, overflows and rockslides
• Burglary and theft
• Faults in erection
• Human errors, negligence
• Short circuiting, arcing, excess voltage
• Electrical and mechanical breakdown
• Collapses, damages due to foreign objects, damages caused by impact
• Any other sudden, unforeseen, and accidental damages that were not excluded explicitly


  • Extensions:

    • Cross liability
    • Third-party liability
    • Removal of debris expenses
    • Express freight, overtime charges
    • Air freight
    • Additional customs duty
    • Escalation
    • Owners' surrounding property
    • Storage risk at fabricator's premises
    • Maintenance cover
  • Pre-requirement:

      Broker of Record
      Commercial Registration
      Wassel /National Address
      VAT Certificate
      3 years claims experience
      A declaration letter if first time insurance
      Proposal Form


  • Share