Erection All Risk (EAR)
CAPACITY USD 20,000,000
Placement requirements:
- Insured Name
- RUC or Identification Number
- Insured amount, limit of liability
- Contractor’s complete information
- Title of the contract (if the project consists of several sections, specify them)
- Location of assembly site
- Exact description of the object to be assembled
- Coverages
- Exclusions
- Endorsements, clauses, additional protections
- Required fees and deductibles
- Validity (Period of the Assembly, Period of Tests, Period of Maintenance)
- Accident rate of the company that will carry out the assembly, minimum three years
- Assembly Form, signed by the insured
- Facultative support required
- Indicate if there are co-insurers
- Indicate if there are co-insurers
- Commission