Erection of All Risks Insurance

The Erection All Risks insurance covers loss or damage to equipment , plant and machinery during erection/installation of same .The installation erection could be of a single machine or of say a power plant. Associated building work is included in the policy (e.g. construction of a plant room or laying of foundations).The policy also covers loss or damage during mechanical testing and commissioning of the plant once installed. Where the contractor is working on existing plant and machinery for the purposes of repair or maintenance, cover can be extended to include this custody property to the extent required by the contract. This is subject to additional terms and conditions.