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EAR - Engineering all Risk

Garuda Insurance’s Engineering All Risks (EAR) Insurance offers comprehensive coverage for engineering projects, protecting against various risks during the construction, installation, and operation phases. This policy covers damage to machinery, equipment, and construction works, as well as third-party liabilities arising from engineering activities. With EAR Insurance, engineers, contractors, and project owners can safeguard their investments and ensure smooth project execution. Tailored to the specific needs of engineering projects, this insurance provides peace of mind by mitigating the financial impact of unexpected events and ensuring compliance with contractual obligations.

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Benefits

Comprehensive Coverage

EAR Insurance provides extensive protection against a wide range of risks associated with engineering projects, including damage to machinery, equipment, and construction works. This comprehensive coverage ensures that all critical aspects of an engineering project are protected, reducing financial losses from unforeseen incidents.

Third-Party Liability Protection

In addition to covering project-related risks, EAR Insurance includes protection against third-party liabilities. This means that if accidents occur that result in injury or property damage to third parties, the policy can cover legal expenses and compensation claims, safeguarding the project owner and contractors from potential financial setbacks.

Enhanced Project Confidence

With EAR Insurance, project stakeholders can proceed with engineering projects with greater confidence. The financial security provided by this insurance allows businesses to focus on project execution and innovation, knowing they are protected against potential disruptions that could affect timelines and budgets.