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Marine-Cum-Erection Insurance

We have developed a comprehensive product to manage the risk and insurance needs in course of erection as well as during transit.

It is a combination of Erection-All-Risks and Marine Insurance to cater to the needs of our client where Marine/Transit insurance is connected with Erection All Risks Insurance of any project. It is underwritten under two separate policies, subject to the General Regulation of
 
  • Marine/ Transit Insurance
  • Erection All Risks Insurance

Insured parties

Any firm who assumes a risk for the erection of a project-
  • Manufacturers or suppliers of machinery if they carryout the erection
  • Contractors entrusted with the specific erection jobs
  • Purchasers of machinery or plant to be erected

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