About This Policy
EAR Insurance protects contractors and clients during the installation of industrial plants and machinery. It covers accidental damage during erection, testing, or commissioning phases.
What's Covered
The policy covers accidental physical damage to machinery and equipment during unloading, erection, testing, and commissioning at the project site. It includes perils such as fire, explosion, lightning, human error, and natural calamities. Optional add-ons include third-party liability, surrounding property, and terrorism risk coverage.
Key Features
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Key Features
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Covers erection, testing, and commissioning stages, Third-party liability and surrounding property damage available, Suitable for one-off projects or annual policies, Burglary cover can be added for stored materials, Terrorism cover available as an optional extension
Who Should Buy?
EPC contractors, industrial plant owners, Any businesses handling installation of heavy electrical or mechanical assets