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Erection All Risk Insurance

Erection All Risk Insurance

Protects against installation and erection risks.

Trusted by:

BimaKavach Client
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Policy Covers:

  • Material damage during installation
  • Damage to third-party property during installation
  • Loss or damage to property due to human negligence
IRDA
IRDAI CERTIFIED
4.9
TRUSTED BY
2,500+
BUSINESSES

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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HomeErection All Risk Insurance
Erection All Risk Insurance

Erection All Risk Insurance

Protects against installation and erection risks.

No Spam

By clicking on "Continue", you agree to our Privacy Policy as well as our Terms of Use and Disclaimer

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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Policy Covers:

  • Material damage during installation
  • Damage to third-party property during installation
  • Loss or damage to property due to human negligence
IRDA
IRDAI CERTIFIED
4.9
TRUSTED BY
2,500+
BUSINESSES

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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What is Erection All Risk Insurance?

Erection All Risk Insurance (EAR) is a complete policy designed to cover various risks associated with the erection and installation of machinery, equipment, and structures. It provides financial protection against physical damage, third-party liabilities, and other unforeseen events during the installation phase.

Who needs Erection All Risk Insurance cover?

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Energy
Annual Turnover

₹0 Cr-₹1,000 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Construction
Annual Turnover

₹0 Cr-₹300 Cr

Civil Engineering
Annual Turnover

₹0 Cr-₹500 Cr

Developers
Annual Turnover

₹0 Cr-₹300 Cr

Contractors
Annual Turnover

₹0 Cr-₹700 Cr

Why do you need Erection All Risk Insurance?

Why do you need Erection All Risk Insurance?

Covers property damage

Protects against damages during erection and installation.

Provides liability coverage

Shields against third-party claims for injuries or property damage

Mitigates financial risks

Ensures project continuity by covering unexpected losses.

Enhances project credibility

Demonstrates commitment to risk management.

Essential for comprehensive project protection

Manages a wide range of erection-related risks effectively.

Why choose BimaKavach to protect your business?

The Power of Underwriting

Your Policy is built for your unique needs.

50+ Years of Insurance Expertise

Best Price for Complete Coverages

You get the best price for your coverage.

Best Price for Complete Coverages

24*7
Claims Support

All concerns will be addressed without delay.

24*7 Claims Support

Online Platform to Manage Your Bima

Your policy can be managed from anywhere.

Online Platform to Manage Bima

Dedicated
Bima Expert

You get access to IRDAI-Certified Bima Experts.

Dedicated Bima Expert
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Who’s this for?

Industrial Installations
Power Plants
Infrastructure Projects
Commercial Buildings
Renewable Energy Projects

What does Erection All Risk Insurance cover and exclude?

Coverages

Equipment Damage Coverage

Covers repair or replacement costs for damaged equipment and structures during installation.

Third-Party Liability

Provides protection against legal liabilities for third-party injuries or property damage.

Natural disasters

Covers damages from storms, floods, earthquakes, and other natural disasters.

Debris removal

Covers costs of of debris removal following an insured event.

Negligence and Errors

EAR Policy covers losses due to human errors in design, planning, or supervision.

Damage to surrounding property

Covers loss or damage to property located on or adjacent to the site.

Exclusions

Wear and Tear

Excludes damages due to normal wear and tear.

Pre-Existing Conditions

EAR Policy excludes damages existing before the policy start date.

Defective Design

Excludes losses due to faulty design or workmanship.

Intentional Acts

Excludes damages caused intentionally by the insured.

War and Terrorism

EAR Policy excludes damages due to acts of war or terrorism.

Nuclear Risks

Excludes damages from nuclear reactions or contamination.

Contractual Liability

Excludes liabilities assumed under contract unless otherwise covered.

Coverages
Exclusions

Equipment Damage Coverage

Covers repair or replacement costs for damaged equipment and structures during installation.

Third-Party Liability

Provides protection against legal liabilities for third-party injuries or property damage.

Natural disasters

Covers damages from storms, floods, earthquakes, and other natural disasters.

Debris removal

Covers costs of of debris removal following an insured event.

Negligence and Errors

EAR Policy covers losses due to human errors in design, planning, or supervision.

Damage to surrounding property

Covers loss or damage to property located on or adjacent to the site.

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When can I Claim?

A claim under Erection All Risk Insurance can be registered in the below circumstances:

  • If materials or property gets damaged during installation or erection
  • When third-party property gets damaged during installation
  • If a natural disaster causes loss during erection
  • If debris removal is needed after damage

Claim what’s yours with BimaKavach

Have more questions?

Phase 1

Intimation

Intimate your claim

Notify BimaKavach about your claim by contacting your Bima Relationship Manager.

ETA: INSTANT
We register your claim

We log your claim details into our system and pass it on to the insurer for further processing.

ETA: 3-5 Business Days
Phase 2

Confirmation

Documentation

Collect and submit all necessary documents to support your claim.

ETA: 3-5 Business Days
Evaluation begins

Our team assesses the claims validity & makes a good case for your claim with the insurer.

ETA: 3-5 Business Days
Phase 3

Settlement

Settlement is decided

The insurer determines the settlement amount based on the evaluation.

ETA: 3-5 Business Days
You receive the settlement

The approved compensation is transferred to you.

ETA: 3-5 Business Days
Claims. Delivered

Have more questions?

Common insurance questions answered

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What are common exclusions in Erection All Risk Insurance?
How do I file a claim under Erection All Risk Insurance?

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