All projects involving storage of equipment, moving or expanding a facility, or dismantling and re-constructing it, leave your organization open to significant risk. HDFC ERGO’s Erection All Risk Insurance assures protection to you against this kind of scenario. The comprehensive nature of its coverage makes it the ideal solution for diverse needs, whatever the risk you want to insure.
This policy is typical “all risk” insurance for storage, assembly/erection, testing and commissioning of the Know More...
The interests of suppliers, manufacturers, contractors as well as Subcontractors can be included in the policy.
Cover begins from the time of unloading of the first consignment at the project site and terminates Read More...
Faulty design, defective material, bad workmanship Consequential loss, inventory loss Normal wear and tear, etc. Excess as mentioned in the policy
The Sum Insured is the completely erected value of the plant and machinery, inclusive of freight, customs duty and cost of erection.
The premium under this policy depends on the type of activity, Sum Insured, duration of the project, period of testing and voluntary excess opted for by the Insured. The premium can be paid in installments, when the policy period is more than 12 months.
The policy is subject to a compulsory excess and Excesses under the policy depend on the type of project to be erected.
When this policy is combined with transit insurance (either inland or overseas) for project materials, the same is referred to as Marine-cum-Erection policy.
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Secured Over 1 Crore+ Smiles
All the support you need-24x7
Catering customer needs
Transparency at its best
Awards
Cover begins from the time of unloading of the first consignment at the project site and terminates on completion of testing or handing over of the project to the principal, or the period chosen, whichever is earlier.
This policy is typical “all risk” insurance for storage, assembly/erection, testing and commissioning of the following types of activities. Unless specifically excluded, it provides comprehensive cover for:
Car Insurance 
Bike/Two Wheeler Insurance 
Health Insurance 
Pet Insurance
Travel Insurance 
Home Insurance 
Cyber Insurance 
Third Party Vehicle Ins. 
Tractor Insurance 
Goods Carrying Vehicle Ins. 
Passenger Carrying Vehicle Ins. 
Compulsory Personal Accident Insurance 
Travel Insurance 
Rural 
Critical illness Insurance 
