Erection All Risk Insurance | EAR Insurance Policy

Product Overview

When you're trying to reach new heights, worrying about things going wrong can be a bit distracting.

Why not have someone else do the worrying for you.

Our Erection All Risk (EAR) policy offers you comprehensive cover against all risks involved in the erection of machinery, plant and steel structures.

You are also covered for any third-party claims for property damage or bodily injury, arising in connection with the execution of an erection project.

What's Covered

The policy provides you with a very wide cover. Almost any sudden and unforeseen loss or damage to the property insured on the erection site, during the period of insurance, will be indemnified. Below are some of the most important causes covered under this policy.

Fire, lightning, explosion
Flood, inundation
Windstorm of any kind
Earthquake
Theft, burglary
Faults in erection
Negligence, lack of skill, lack of experience, malicious acts
Short-circuit, arcing, excess voltage
Excess pressure or vacuum, tearing apart on account of centrifugal force
Any loss or damage on-site, due to collapse, foreign objects, during transport of items to be erected, etc.

Extensions

You can extend your policy to include a maintenance period. This can be added on through any one of the following covers.

Maintenance Visits Cover

During the maintenance period, you will be covered for any loss or damage caused during operations, while complying with all obligations under the maintenance provisions of your contract.
Extended Maintenance Cover

In addition to the protections provided under the maintenance visits cover, this covers any loss or damage that occurred during the maintenance period, but was caused during the erection period on the construction site.
Maintenance Guarantee Cover

This is an additional cover for the manufacturer of the machinery or plant to be insured, if they are the ones commissioned to do the erection work. We will cover the manufacturer’s liability for loss or damage during the guarantee period, as stipulated in the supply contract, to a certain extent.

How to Get Insured

Apply by Phone

Call us at 800 SUKOON (785666) for more information and to enrol over the phone.

Apply by Email

Drop us an email with all your details and we'll get back to you soon.

Apply in Person

Walk into one of our branches to get information, apply, and enrol in person.

Product Resources

FAQs

Can I cancel a Contractor's All Risk or Erection All Risk policy at any time?

No, sorry, these are non-cancellable policies.
Do you cover faulty design, defective material and workmanship?

No, any loss or damage to items that are immediately affected by the above are not covered. However, your insurance can be extended to cover any loss or damage to the correctly executed items resulting from an accident that happened because of faulty design, defective material or workmanship.
Is war risk cover compulsory?

No, it's not. It totally depends on you. But we would say that it is advisable.
Our stock rotates every month. How will you provide coverage for it?

So, this is how it goes. You will need to estimate the maximum value of the stock that you may be holding at a particular point of time during the policy. This will be considered as the sum insured and the premium rate is charged based on this amount.

At the beginning of each month, you will need to declare the highest value of the stock that you were holding during the previous month. The same will be considered as the declaration for that month. At the end of the policy period, the premium is adjusted based on the average monthly declarations provided by the insured.
We are manufacturing plastics. Can you provide insurance for us?

To be honest, we don't usually insure plastic factories. However, you can reach out to us and we can come to a decision based on your case.

See more FAQs

Downloads

Application Form - Erection All Risk Download

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What our customers think

The claim was processed within no time & the approved amount was transferred online on the same day I got the claim summary report. Much appreciated.

Firoz
So far, I have been very happy with the cover. It is speedy and I particularly appreciate the SMS messages to give ongoing updates about the process.

Katie
The customer service I received from your staff was very good. They were friendly and very professional at the same time. They helped me with my queries. Your website too is very user friendly.

Sandra
The staff was very helpful with the queries and assisted in all my requests. The service was very quick and prompt in the policy issue process.

Fahmida
Coverage, premium, service, response, quality of interaction, ease of application, payment, post-sales services & all additional benefits everything is perfectly fine.

Gilbert
The employee was very co-operative and fast, plus gave me discount. Finished everything online, no need to visit any office.

Muna

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