Marine Cum Erection / Storage Cum Erection Policy

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This is a comprehensive policy covering all physical risks which a project is exposed to
This is a comprehensive policy covering all physical risks which a project is exposed to right from the warehouse of the supplier of equipments - whether imported or indigenous - to its erection, testing and commissioning at the site.
In case the supplier has arranged transit insurance upto the site, a Storage cum erection policy can be issued limiting coverage to risks that the project is exposed to at the site only.
In case the policy period exceeds 12 months, the premium can be paid in quarterly installments with the first installment being more by 5% and the last installment being paid 6 months before expiry of the policy.
For project value exceeding Rs.1500crs, specially designed policies are available.

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The New India Assurance Company Limited

Mumbai, Maharashtra
5/5
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GST- 27AAACN4165C3ZP
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Product Description

This is a comprehensive policy covering all physical risks which a project is exposed to

This is a comprehensive policy covering all physical risks which a project is exposed to right from the warehouse of the supplier of equipments - whether imported or indigenous - to its erection, testing and commissioning at the site.

In case the supplier has arranged transit insurance upto the site, a Storage cum erection policy can be issued limiting coverage to risks that the project is exposed to at the site only.

In case the policy period exceeds 12 months, the premium can be paid in quarterly installments with the first installment being more by 5% and the last installment being paid 6 months before expiry of the policy.

For project value exceeding Rs.1500crs, specially designed policies are available.


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Marine Cum Erection / Storage Cum Erection Policy

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Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
IndiaMART Member SinceAug 2014
GST27AAACN4165C3ZP
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MUMBAI REG. OFFICE.III New India Centre, 3rd Fl., 17 -A, Cooperage Road
Mumbai - 400039, Maharashtra, India

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