What is the basis of indemnity in Engineering all risk insurance?

An engineering all risk insurance policy covers the loss arising out of the erection and installation of machinery, plant and steel structures. It protects coverage against physical damage to the contract works, equipment, and machinery. This policy also covers the liability for third-party bodily injury or property damage. Indemnity in general means the security against […]

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What is Engineering All Risk Insurance?

Engineering All Risk Insurance (EAR Insurance) has been made in relation to projects for construction. The policies of the EAR have been designed in such a way so that it covers the risk of loss attributable from the installation and erection of plant and steel structures, equipment and machinery. It also covers the liability of […]

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