The Erection All Risks insurance is designed to cover engineering projects involving erection, installation, testing and commissioning of electrical or mechanical equipment. The Erection All Risks insurance provides coverage against :
- Material damage to work under erection.
- Damage and loss to contractor's plant, machinery and equipment.
- Damage to Principal's existing property.
- Damage to Third party property and/or bodily injury arising in connection with the erection work.
This policy provides coverage for the duration of erection work including testing/commissioning (except for used machines).