Erection All Risks insurance is an engineering policy designed for sudden and unforeseen damage during installation work, whether a new production line is being set up in a factory, equipment is being installed at a power plant or a steel structure is going up.
Corpus Sigorta's Erection All Risks policy has the same core cover and extensions as Contractors' All Risks, and additionally covers a 4-week testing period during which the completed installation is run and tested. We review your installation schedule, equipment values and test plan with you and manage the quotation process on your behalf.
What is covered?
- Fire at the installation site
- Flood damage
- Landslide
- Snow and avalanche
- Storm
- Earthquake
- Aircraft and vehicle impact
- Theft from the installation site
- 4-week testing period
Optional add-on covers
- Temporary site facilities (CPE)
- Construction machinery (CPM)
- Strikes, lock-outs and terrorism
- Maintenance period
- Third-party and cross liability
- Debris removal costs
- Inland transit
- Existing property
- Overtime and freight costs
- Defective design
What you should know
This is a Corpus Sigorta product; you can get a quote through our agency.
The testing period is the phase in which the installed equipment is run and tested, and Corpus Sigorta's product information states it as 4 weeks. If your testing is planned to take longer, please tell us at the quotation stage.
The sum insured is usually based on the total completed value of the equipment and installation work. Scope, deductibles and extension limits are set out in the policy's special conditions.
Frequently asked questions
Contractors' All Risks focuses on building works, while Erection All Risks focuses on installing machinery and plant. At Corpus Sigorta the cover structure is similar, and Erection All Risks additionally includes a 4-week testing period. If your project involves both, we help you decide which policy fits.
That depends on how risk and insurance obligations are allocated in the contract. We review your supply and installation contract with you so that the insured parties are defined correctly.
When the testing period ends, the plant moves into its operational phase. At that point you should arrange operational covers such as Machinery Breakdown and Electronic Equipment insurance; we prepare the quotes in advance so there is no gap.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.