NotiPass_80%K-Trade Connect will be closed on December 11, 2019 at 10:00 p.m. and resuming services on December 12, 2019 at 02:00 a.m. $More Details.%/en/announcement/Pages/SystemMaintenanceK-Trade-Connect.aspx
/en/business/insure/non-life/pages/erection-risks.aspx
Middle|Left
Green
Erection All Risks Insurance
KWebPageContentHead
Cover loss or damage from erection/installation projects.
Including damage from lack of expertise, negligence, natural disaster, theft, and accident.
HtmlBlock
11
Padding
KWebPageComponent1HTML
Covered risks
Lack of expertise
that leads to damage
Negligence
by the contractor or workers
Accidents not included in the
clause of the policy
Black
Middle|Left
Left
KWebPageComponent1Popup
Add-on coverages- Windstorm
- Damage caused by vehicles
- Explosion
- Smoke
- Hail
- Air
- Flood
- Water damage
- Earthquake
- Power Surge
- Riot or civil commotion
|
HtmlBlock
12
Padding
KWebPageComponent2HTML
Insurance Details
| Protection | Insured capital | Protection period |
|---|
| Section 1: Installation of machinery and systems. | Equal to work value as per the contract. | As per the work contract; or as per the work schedule. |
| Section 2: Responsibility to third parties. | As deemed appropriate by the insurer. |
Black
Middle|Left
Left
HtmlBlock
21
Padding
KWebPageComponent3HTML
How to Apply
| Information for underwriting |
|---|
- Work contract
- Construction plans
- Work schedule or work progress
- Bill of quantities (BOQ)
- Layout of the construction site
- List of machines to be installed, including model, brand, and quantity
|
Black
Middle|Left
Left
HtmlBlock
31
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
InvisibleSectionName
10
Padding
Black
Middle|Left
Left
InvisibleSectionName
20
Padding
Black
Middle|Left
Left