Erection All Risk Takaful

What is Erection All Risk Takaful

This cover for Material Damage and Liability during erection and maintenance period for your project works comprising mainly of assembly of prefabricated elements or machines manufactured off-site. The cover offer comprehensive and adequate coverage on all risk basis to all parties involved in execution of a erection project like installation of mechanical and steel structure.

Risk Covered:
  • Fire, lightning, explosion
  • Flood, inundation
  • Windstorm of any kind
  • Earthquake
  • Theft, burglary
  • Faults in erection
  • Negligence, lack of skill, lack of experience, malicious acts
  • Short-circuit, arcing, excess voltage
  • Excess pressure or vacuum tearing apart on account of centrifugal force

Any other sudden and unforeseen event such as loss or damage due to collapse, foreign objects, on-site, transport of items to be erected, etc.

Why I need E.A.R?

It helps the participant by providing comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind, as well as third-party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project.

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