What is EAR?
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.
This insurance protects your financial investment against significant losses that may occur during the installation of high-value industrial machinery.
Before the current policy expires, you may request an extension of the insurance period to cover the remaining installation work.
You should purchase this insurance before the first machinery is unloaded at the site or before installation work begins.