Erection All Risk (EAR) Insurance provides protection for projects involving the installation and assembly of machinery, equipment, and industrial plants. It is commonly used for projects such as power plants, manufacturing facilities, mechanical installations, and large engineering works across the UAE.
During installation and testing phases, projects face numerous risks including accidental damage, equipment failure, and on-site incidents. Erection All Risk Insurance helps contractors, project owners, and engineering companies protect their investment and manage potential financial losses throughout the project lifecycle.
Large installation and engineering projects involve significant capital investment and complex machinery. Unexpected events such as installation errors, equipment damage, or accidents during testing can lead to costly delays and financial losses. Erection All Risk Insurance helps businesses in the UAE protect projects during erection, installation, and commissioning phases. It provides financial protection against unforeseen physical damage as well as third-party liabilities that may arise during the project.