What is the Erections All Risk Cover?
The Erections All Risk Cover safeguards against all risks involved in the erection of machinery, plants, and steel structures, as well as third party property damage or bodily injuries arising in connection with the erection works.
- Material damage Cover: This covers the insured against physical loss or damage to the constructs from causes such as fires, theft and burglary, faults in erection, earthquakes, and short-circuiting.
- Legal liability Cover - Covers the insured against any sums which the insured shall become liable to pay for damages resulting from property damage and accidental bodily injury to third parties.
Duly fill-in a proposal form and present the contact price and information about the erection site/s. You will receive a quotation upon which you will be required to submit your KRA Pin and certificate of incorporation. Making premium payment is the final step before embarking on your insurance journey.
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- Wars and invasion
- Radioactive contamination
- Wear and tear and corrosion
Some of the perils not covered: