What is Erection All Risk Insurance?
- 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.
To apply for this cover kindly visit any of our physical branches, call or email us and our dedicated representatives will get you started with the application process.
TALK TO US
Get peace of mind knowing your construction projects are comprehensively covered.
- Wars and invasion
- Radioactive contamination
- Wear and tear
Some of the perils not covered include:
Yes, installments can be made in annual, biannual, or quarterly installments.
No, your policy is not transferable.
A renewal notice will be sent to you before the expiration of the policy.
Yes, you can.
Your policy document will be ready 24 hours after a certificate has been issued.
You can insure the house under construction with our Contractor's All Risk policy. It covers the liability of the building under construction, damage to plants and machinery -on-site or in transit to the site- the materials, workmen’s tools, and their personal properties up to certain stated limits.