What is Erection All Risk Insurance?

Evaluated under engineering insurance, Erection All Risk Insurance is a type of insurance that provides protection against sudden and unforeseen damages that may occur during the installation of a new facility or during the revision and assembly works of an existing one. Since construction and installation projects are exposed to various unexpected risks, this insurance is designed to provide coverage from the start of the project until its completion. It offers comprehensive protection for employers, third parties, and materials throughout the process, ensuring the successful completion of the project.

Provides full coverage during the installation process against natural disasters such as earthquakes, floods, water damage, lightning, and fires.

Damages to equipment and materials used in assembly are covered under CPE (Contractor’s Plant and Equipment) and CPM (Contractor’s Plant Machinery) guarantees.

The insurance is valid from the beginning of installation until the temporary commissioning phase.

Covers risks such as fire, explosion, theft, and similar incidents that may occur during assembly.

Scope of Erection All Risk Insurance

24/7 Easy Line

Fast support for all your transactions is available through HDI Easy Line at 0850 222 8 434, 24 hours a day, 7 days a week.

Protection Against Risks

Provides coverage against sudden and unforeseen risks such as installation errors, fire, natural disasters, and theft that may occur during the assembly process.

Your Process is Secured

Ensures the entire installation process is protected, from the start of assembly until final delivery.

Comprehensive Coverage

You can expand your policy with additional coverages tailored to your specific project needs.

Earthquake and Volcanic Eruption

Flood and Water Damage

Natural Disasters

Fire, Lightning, and Explosion

Theft and Attempted Theft

Human-Induced Damages

Impact of Air or Land Vehicles

What to Do When You Need to Use Your Erection All Risk Insurance

Take detailed photos of the damage and prepare a damage assessment report related to the incident.

Call HDI Easy Line at 0850 222 8 434 or contact your agent to report the claim.

After your notification, a claim file will be created, required documents will be requested, and the claims process will begin promptly.

Your claim will be finalized as quickly as possible; upon approval, payment will be made to your designated account, and our experts will support you throughout the process.

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Erection All Risk Insurance in 6 Questions

What Is Erection All Risk Insurance?

This type of insurance provides protection for installation projects against risks and potential damages that may occur from the beginning of the assembly phase until the completion of the project. With its broad scope, it ensures that every aspect of the installation process is safeguarded.

What Does Erection All Risk Insurance Cover?

In addition to the main coverages, Erection All Risk Insurance can include protection for third-party damages, machinery and equipment used during installation, transportation costs, overtime expenses, and other risks that could lead to project delays or financial losses. These optional coverages can be added to create a comprehensive policy tailored to the project’s needs.

Is Erection All Risk Insurance Mandatory?

Erection All Risk Insurance is not a mandatory policy. However, it is highly recommended for those conducting new facility installations or revisions of existing facilities, as it minimizes financial risks caused by unforeseen damages during the assembly process.

How to Purchase Erection All Risk Insurance?

You can contact HDI Easy Line at 0850 222 8 434 or reach out to one of our authorized agencies to start the process. Click here to find the nearest HDI agency.

What Is Required for Erection All Risk Insurance?

To obtain Erection All Risk Insurance, you must provide detailed project information, a risk assessment report, the project’s total value, and any additional requests if applicable, along with the insured’s identification details.

How to Use Erection All Risk Insurance?

If a problem occurs during the assembly process, submit the necessary information and documents related to the incident to your insurance agent to initiate the claim process.

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