Brief description of damages*
Whether any injury/damages *
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*Please note: If you have checked the box, you will receive calls from Magma even
if you are on the DNC list.
Erection All Risk (EAR) insurance protects principal and
contractors, manufacturers and suppliers erecting machinery and
plant etc. against financial loss. This may be due to any sudden
fortuitous and unforeseen causes resulting in loss or damage to the
property insured at the project site whilst being stored, erected,
tested and commissioned.
EAR policy can be taken by Principal, contractor or
sub-contractor, either individually or jointly.
Erection All Risks (EAR) Policy covers all risks with respect to
projects of erection, testing and commissioning subject to
exclusions and term and conditions.
This policy covers risks associated with storage, assembly/
erection and testing of plant and machinery. EAR insurance provides
comprehensive cover which includes all perils unless some are
specifically excluded. The cover comes into effect from the time of
unloading of the first consignment at the project site and
terminates on completion of testing or handing over of the project
to the Principal, or the period chosen, whichever is earlier.
While every effort is made to give you the best possible
services, any loss/damage to the vehicle and/or its accessories
will be not be covered if caused by the following:
There is also a provision for extending the policy period and
testing period during the currency of the policy.
Basis of sum insured: Completely erected value
of the property inclusive of freight, custom duty and erection
The rating depends on:
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
Insurance is the subject matter of solicitation.
Images used on this website and the models photographed in them
are for representative purposes
only and are not indicative of anyone's personal thoughts or ideas
Magma and HDI names and logos are trade names/marks of Magma
Fincorp Ltd., and HDI Global SE
and are being used by Magma HDI General Insurance Co. Ltd., under
agreement with owners of such trade names/marks.
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You will be contacted from our customer service within 24 hours.
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And in case you don't get a call within 24 hours,
please call us on 180030023202 and quote this reference number.
If you are registered with DNC,
then please call us at 180030023202
Thank you for the application! We will contact you regarding your job application.