Marine Cum Erection(EAR)

Erection cum marine all risk insurance is a comprehensive policy that combines marine cargo insurance and Erection All Risks Insurance to cover a project's physical assets from the point of origin to final installation and testing. It protects against a wide range of risks during transportation (Marine) and the installation and commissioning phases (Erection) at the project site. The policy includes coverage for material damage and third-party liability.

A Combine policy that covers machinery from Dispatch-Storage-Installation-Testing

Why MEAR Insurance Is Important

Projects involve expensive machinery — even minor damage can cause major financial loss.
Ensures uninterrupted workflow during installation.
Protects against unforeseen transit and installation accidents.
Safeguards project contractors, owners, and suppliers from major risks.
Ensures compliance for large industrial, mechanical, and EPC projects.

Key Benefits of MEAR Insurance

End-to-End Coverage:Protection from dispatch to final commissioning.
Combined Cover: Marine transit + erection risks in one policy.
Broad Risk Protection: Fire, natural calamities, accidents, testing damage, and more.
Reduced Financial Loss:Covers high-value machinery and project equipment.
Customizable Add-ons:Tailor the plan based on project needs.
Third-Party Protection:Covers legal liabilities arising from project operations.

Your Details

What It Covers?

This policy covers:

Marine transit damage
Loading unloading risk
Fire
Explosion
Natural Calamities (Storms, Cyclones, Hurricanes, Typhoons, Tornadoes, Tsunamis, Floods, Earthquake, Inundation).
Installation And Testing Damage (Covers the risks during the testing and trial run phase after installation.)
Third Party Liability (Includes coverage for legal liability for bodily injury or property damage to third parties that may occur during the project.)

Key Exclusion

Normal Wear & Tear.
Poor Packaging.
Faulty Design.
Damage after Commissioning.

Add-ons: (You Can Upgrade your plan with these add-ons)

Clearance And Removal of debris.
Civil Works.
Express Freight.
Air Freight.
Damage to owners surrounding Property.
Deletion of duration clause under marine
Maintenance visit / extended maintenance cover

Who Should Buy This Policy?

Principal/ Owner (The owner or client of the project, such as a company building a new factory or power plant)
Contractor
Subcontractor
Manufacturing/Supplier

Why Choose Us?

Marine Cum Erection (MCE) All Risk This type of insurance typically covers the transportation of materials and equipment to the project site, the storage of these items at the site, the process of erecting and installing machinery and structures, and the testing and commissioning of the completed project. It aims to offer protection against a wide range of potential damages and losses that can occur during these stages of a project.

Frequently Asked Questions (FAQs)

What is MEAR (Marine Cum Erection All Risk) Insurance?▼

MEAR insurance is a combined policy that covers risks during marine transportation of machinery/equipment and their subsequent erection, installation, and testing at the project site. It offers protection from dispatch to final commissioning.

Who needs MEAR insurance?▼

Any business involved in transporting, installing, or commissioning machinery, such as contractors, project owners, EPC companies, suppliers, and manufacturers.

Does MEAR cover damage during testing?▼

Yes, it covers damages occurring during trial runs, test loads, and commissioning stages.