Large-scale engineering and construction project like power plants, factories, refineries, or telecommunication towers carry inherent risks during their erection and installation phases. Accidents, natural perils, design defects, or equipment failures can lead to costly damage, time delays, and liability exposures.
Erection All Risks (EAR) insurance is a specialized policy designed to protect contractors, project owners, and financiers against such losses during the erection, testing, and commissioning of plant, machinery, and steel structures.
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