Novo Insurance - Professional Insurance Services

Marine Cum Erection (MCE) Insurance

Type: Corporate Insurance | Category: Engineering Insurance

Policy Details

Learn more about the Marine Cum Erection (MCE) Insurance policy.

Marine Cum Erection (MCE) Insurance

Description

This combined policy covers transit risks (marine inland or overseas) and the subsequent erection/installation risks at the project site.

What is This Policy?

Marine Cum Erection Insurance offers end-to-end protection from the dispatch of machinery to its installation. It’s ideal for imported plant and equipment projects.

What is Covered

The policy starts from the time the equipment leaves the supplier’s premises, covers transit (including unloading), storage at site, and risks during erection/testing. It safeguards against natural calamities, human error, transit damage, and accidental impacts. Additional covers include burglary, terrorism, and delay in start-up.

Who Should Buy

Importers of turnkey equipment, Engineering firms handling international supply + site installation, Heavy Industry clients could take annual policies

Key Features

  • Combines Marine Cargo + EAR cover in one seamless policy
  • Ideal for turnkey project imports and installations
  • Covers unloading, storage, erection, and testing
  • Burglary during storage and terrorism risks are optional add-ons

Get in Touch

Request a free consultation for the Marine Cum Erection (MCE) Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com