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