Erection All Risks Insurance

SCOPE OF COVER

Section I – Material Damage

Covers any unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded in the erection project, in a manner necessitating repair or replacement.

Following are some of the perils covered:
· Fire and Lightning
· Explosion
· Impact damage from falling aircraft/object
· Acts of God / Natural perils
· Burglary/Theft
· Testing and Commissioning
· Faults in Erection

Section II – Third Party Liability

Covers all sums which the Insured shall become legally liable to pay as damages consequent upon

a) accidental bodily injury to or illness of third parties (whether fatal or not)
b) accidental loss of or damage to property belonging to third parties

occurring in direct connection with the construction or erection of the items insured under Section I and happening on or in the immediate vicinity of the site during the Period of Cover.

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