ENGINEERING – ERECTION / CONSTRUCTION INSURANCE

Coverage:
Covers Erection / Construction works against any accidental loss or damage excepting excluded losses.
Covers third party liability during the construction / erection and maintenance period.
Contractors Plant & Machinery can be included if required.

Extensions:
There are a number of extensions possible to improve the coverage and to meet the specific needs of the client.

Important Exclusions:
Faulty design, defective material, defective workmanship except as provided for in the policy.
Fines and Penalties.

Rating:
Premium rate depends upon the scope of work, project duration, the limit required for third party liability etc.

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