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← Property & Engineering

Erection All Risks Insurance (EAR)

What is EAR?

Description

Erection All Risks (EAR) Insurance is a specialised insurance product for projects involving the assembly, installation, and commissioning of machinery, industrial equipment, and technological systems.

Erection projects involve complex technical processes and often require substantial financial investment. Any assembly error, accidental damage, or external incident can result in significant losses and delays to project completion.

EAR Insurance provides protection during transport to the site, assembly, testing, and the trial operation period of the equipment, offering greater security for investors and contractors.

What's covered

Physical damage to machinery and equipment during assembly
Loss or damage during installation
Accidental errors by technical personnel
Damage caused by fire, explosion or natural events
Damage occurring during testing and commissioning
Damage caused by external factors and unforeseen events
Third-party liability, subject to the policy terms and conditions

Frequently asked questions

What is the purpose of this insurance? arrow

This insurance protects your financial investment against significant losses that may occur during the installation of high-value industrial machinery.

What happens if the work takes longer than expected? arrow

Before the current policy expires, you may request an extension of the insurance period to cover the remaining installation work.

When should I purchase this insurance? arrow

You should purchase this insurance before the first machinery is unloaded at the site or before installation work begins.