Erection “All Risks”
Covers the contractors against loss or damage to :-
- the plants and/or machineries during installation, testing, commissioning by unforeseen and sudden physical loss or damage other than from those causes specifically excluded.
- liability to third party consequent upon accidental bodily injury or loss or damage to property occurring in direct connection with the works.
Contractor’s “All Risks”
Covers any sudden and unforeseen loss or damage occurring during the period of insurance to the property insured (including material on site) other than against those perils that are specifically excluded.
Also covers the Insured’s Legal Liability to third party arising out of the contract risks.
Covers against unforeseen and sudden physical loss or damage to machinery from any causes not specifically excluded :-
- whilst at work
- whilst at rest
- whilst being dismantled for the purposes of cleaning, inspection, overhauling or removed to another working position or in the course of these operations themselves or subsequent re-erection.
Business Interruption (Fire/Machinery Breakdown)
Against loss of profit or increase in cost of working resulting from an interruption or interference to the business following loss destruction or damage to any insured building or property covered under the Fire Policy or breakdown of machinery covered under Machinery Breakdown policy.