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Erection All Risks Insurance
For any business involved in installation work, including property developers, construction firms and equipment and machinery manufacturers, in the delivery of turnkey plant projects, etc.
We cover damage to the assets themselves (machinery, equipment, etc.) and also to items associated with the insured work plus any liability arising from performing it. Besides protecting you against any unforeseen events which may come up during the installation process, it also insures the machinery and equipment involved
- Fire, explosion, theft, flooding, storm, earthquake and other hazards
- Risks intrinsic to the insured installation
- Inexpertness, negligence and sabotage
- Centrifugal force
- Damage caused by defects in the materials, their design or workmanship
- Strikes, rioting and civil disturbance (with and without terrorism)
- Damage caused at the time of commissioning (the trial period) or during the maintenance period
- Damage or injury to third parties resulting from the performance of the work
- Other events not excluded
Benefits of AXA Erection All Risks
Mitigate the impact of accidental damage and loss
Arising from installation processes, the use of machinery and equipment, malicious actions or natural disasters
Ensure the company’s long-term viability
For the owner, shareholders and staff
In the event of significant damage
You don't have to take out loans or mortgages to cope with the situation
Allocate a fixed item
In the construction or installation budget or in the company’s annual budgets, known in advance and affordable
These documents can be very helpful
- Information note
- Insurance product information document













