The EAR insurance covers starts from the time of the arrival of construction materials to the site to the time of testing and commissioning after the installation and erection. It covers testing and commissioning risk for two weeks. Section I of the policy covers for contractor’s material damage and its Section II covers for Third Party Liability. The limit of Section II can be proposed up to 50%, 75%, 100% or 125% of Section I of which the sum insured is as per contract value. The value of machines and equipments at the site can be added to sum insured. The period of insurance is from minimum 3 months to maximum 5 years. Maintenance period can be proposed for 3 months, 6 months or 1 year. The premium rate ranges from 0.15% to 0.518%.
379088, 384865, 252372, 246902
384881, 384876, 386919
384870, 384868
379188
251764, 384874, 384867
251761
384864, 384873
