Home » Contractors' All Risks (CAR), Erection All Risks (EAR) » CEAR – Construction and Erection All Risk

CEAR – Construction and Erection All Risk

Monday, December 25, 2017, 8:55
Contractors' All Risks (CAR), Erection All Risks (EAR)
39 comments

Large and technically challenging engineering projects involve a large array of risks – beginning with the planning phase through construction to commissioning. These risks should be covered as comprehensively as possible: the new Construction Erection All Risks Policy (CEAR policy).

The CEAR policy for covering construction all risks and erection all risks is clearly structured and unambiguously worded. It may be adapted flexibly to the complex requirements of project insurance, but without becoming complicated itself. The CEAR policy is based on Munich Re proven EAR and CAR policies, which are standard in many markets. We are thus in the position to offer our clients a tried and tested concept which we have improved in a number of important areas.

The advantages at a glance

Completely revised structure
All risk-relevant data at a glance
Tried and tested, yet up to date
Clear and overarching regulations
Well-known and familiar nomenclature

MRe CEAR Insurance Policy and Clauses

Original Sources : Munich Re, IMIA

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39 Comments on “CEAR – Construction and Erection All Risk”

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