Marine-cum-Erection Insurance Plan by Royal Sundaram
Marine-Cum-Erection Insurance
Marine-Cum-Erection Insurance
We have developed a comprehensive product to manage the risk and insurance needs in course of erection as well as during transit.
It is a combination of Erection-All-Risks and Marine Insurance to cater to the needs of our client where Marine/Transit insurance is connected with Erection All Risks Insurance of any project. It is underwritten under two separate policies, subject to the General Regulation of
- Marine/ Transit Insurance
- Erection All Risks Insurance
Insured parties
Any firm who assumes a risk for the erection of a project-
- Manufacturers or suppliers of machinery if they carryout the erection
- Contractors entrusted with the specific erection jobs
- Purchasers of machinery or plant to be erected
Engineering Insurance (Table)
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