Erection All Risks

erectionallrisks

With Erection All Risks policy, machinery is covered during the course of site erection from the time of arrival at site, during storage through handling, erection, commissioning to final testing and during any prescribed subsequent maintenance period. The policy is written on an "all risks" basis and cover includes :-

The sum insured should reflect the contract value in respect of machinery. The policy is subject to either one excess or :-

By extension, the cover can include contractor's plant and equipment in use in pursuance of the contract.

The policy can also be combined with a Contractors All Risks policy where there is an element of Civil Engineering Work.