{"uin":"IRDAN134CP0012V01200809","name":"Erection All Risk Insurance","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809","insurer":{"slug":"universal-sompo-general-insurance","name":"Universal Sompo General Insurance Company Limited","url":"https://indiainsurances.com/insurer/universal-sompo-general-insurance"},"line":"general","category":"engineering","category_name":"Engineering","irdai_type":"Main Product","kind":"product","status":"active","approved_on":"2022-07-26","withdrawn_on":null,"summary":"Erection All Risk Insurance indemnifies sudden and unforeseen physical loss of or damage to the property insured during erection, testing and commissioning, subject to exclusions. The sum insured must be at least the completely erected value including freights, customs duty and erection cost, and claims are proportionately reduced if under-insured.","analysis":{"state":"machine","analysed_at":"2026-10-20 08:24:48.610837+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Cover starts from the later of unloading of the property at the site or the scheduled commencement date, and continues until immediately after the first test operation or test loading, subject to the four-week trial-running cap and the expiry date in the Schedule.","display":"From the later of unloading at site or scheduled commencement until first test operation/test loading; trial running capped at four weeks and not beyond the Schedule expiry date","note":null,"quote":"The liability of the Company shall commence, only from the time after the unloading of the property specified in the Schedule from any conveyance at the site specified in the schedule or the date of commencement specified in the schedule which ever may be later and shall continue until immediately after the first test operation or test loading is concluded (whichever is earlier) but in no case beyond four weeks from the day on which after completion of erection a trial running is made and/or readiness for work is declared by the erectors/contractors, whichever is earlier. ... At the latest, the insurance shall expire on the date specified in the Schedule","sources":[{"clause":null,"heading":"GENERAL EXCLUSIONS","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-general-exclusions"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"The insured must immediately notify the Company by telephone or telegram and in writing, indicating the nature and extent of the loss or damage. The Company is not liable if notice is not received within 14 days of detection.","display":"Immediately by telephone or telegram and in writing; no liability if notice is not received within 14 days of detection","note":null,"quote":"Immediately notify the Company by telephone or telegram as well as in writing giving an indication as to the nature and extent of loss or damage. ... The Company shall not in any case be liable for loss, damage or liability of which no notice has been received by the company within 14 days of its detection.","sources":[{"clause":"5(a)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-5-a"},{"clause":"5(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-5-e"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"not-stated","value":null,"display":null,"note":"The wording only says to furnish information and documentary evidence as the Company may require; it does not list claim documents.","quote":null,"sources":[],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["War, invasion, act of foreign enemy, hostilities or war like operations","Nuclear reaction, nuclear radiation or radioactive contamination.","Wilful act or wilful negligence of the Insured or of his responsible representative","Cessation of work whether total or partial.","Terrorism Damage Exclusion Warranty","the first amount of the loss, arising out of each and every occurrence, shown as Excess in the Schedule;","loss discovered only at the time of taking an inventory;","normal wear and tear, gradual deterioration due to atmospheric conditions or otherwise, rust, scratching of painted or polished surfaces or breakage of glass;","loss or damage due to faulty design, defective material or casting, bad workmanship other than faults in erection.","the cost necessary for rectification or correction of any error during erection unless resulting in physical loss or damage;","loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidence of debt, notes, securities cheques, packing materials of any kind","any damage or penalties on account of the Insured's non- fulfillment of the terms of delivery or completion under his Contract of Erection or of any obligations assumed thereunder including consequential loss of any kind or description or for any aesthetic defects or operational deficiencies.","Loss of or damage to Construction Plant and Machinery excludes loss or damage directly caused by its own explosion or its own mechanical or electrical breakdown or derangement."],"display":"War, nuclear perils, wilful act/negligence, cessation of work, terrorism, excess, inventory-only losses, wear and tear, faulty design/material/workmanship, rectification errors, documents/currency/securities, contractual penalties/consequential loss/aesthetic or operational defects, and CPM own explosion/breakdown","note":null,"quote":"War, invasion, act of foreign enemy, hostilities or war like operations ... Nuclear reaction, nuclear radiation or radioactive contamination. ... Wilful act or wilful negligence of the Insured or of his responsible representative ... Cessation of work whether total or partial. ... Terrorism Damage Exclusion Warranty ... the first amount of the loss, arising out of each and every occurrence, shown as Excess in the Schedule; ... loss discovered only at the time of taking an inventory; ... normal wear and tear, gradual deterioration due to atmospheric conditions or otherwise, rust, scratching of painted or polished surfaces or breakage of glass; ... loss or damage due to faulty design, defective material or casting, bad workmanship other than faults in erection. ... the cost necessary for rectification or correction of any error during erection unless resulting in physical loss or damage; ... loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidence of debt, notes, securities cheques, packing materials of any kind ... any damage or penalties on account of the Insured's non- fulfillment of the terms of delivery or completion under his Contract of Erection or of any obligations assumed thereunder including consequential loss of any kind or description or for any aesthetic defects or operational deficiencies. ... Loss of or damage to Construction Plant and Machinery excludes loss or damage directly caused by its own explosion or its own mechanical or electrical breakdown or derangement.","sources":[{"clause":null,"heading":"GENERAL EXCLUSIONS","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-general-exclusions"},{"clause":"Section I(a)","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-a"},{"clause":"Section I(b)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-b"},{"clause":"Section I(c)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-c"},{"clause":"Section I(d)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-d"},{"clause":"Section I(e)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-e"},{"clause":"Section I(f)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-f"},{"clause":"Section I(g)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-g"},{"clause":null,"heading":"Memo 4. CONSTRUCTION PLANT AND MACHINERY -","page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-memo-4-construction-plant-and-machinery"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First register a grievance or complaint on the insurer's website, write to contactus@universalsompo.com, contact the branch or Complaints Coordinator at the Registered Office, use the listed phone/fax routes, or email grievance@universalsompo.com. If unresolved, the insured may approach the Insurance Ombudsman.","display":"Website or contactus@universalsompo.com, branch or Complaints Coordinator at Registered Office, toll-free/chargeable numbers, fax, or grievance@universalsompo.com; then Insurance Ombudsman if unresolved","note":null,"quote":"In case You are aggrieved in any way, You may register a grievance or Complaint by visiting Our website or write to us on contactus@universalsompo.com.\nYou may also contact the Branch from where You have bought the Policy or the Complaints Coordinator who can be reached at Our Registered Office. ... You can also send direct mail to the concerned authorities at- grievance@universalsompo.com If the issue still remains unresolved, You may, subject to vested jurisdiction, approach Insurance Ombudsman for the redressal of Your grievance.","sources":[{"clause":null,"heading":"GRIEVANCES","page":8,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-grievances"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["sudden and unforeseen physical loss of or damage to the property insured","lost, damaged or destroyed by any cause, other than those specifically excluded hereunder","cost of clearance and removal of debris","Earthquake - Fire & Shock","Landslide/Rockslide/Subsidence,","Flood/Inundation,","Storm/Tempest/Hurricane/Typhoon/Cyclone/lightning or other atmospheric disturbances.","Legal liability for accidental loss or damage caused to property of other persons","Legal liability (liability under contract excepted) for fatal or non-fatal injury to any person"],"display":"Sudden and unforeseen physical loss or damage to insured property, all causes except exclusions, debris removal, major perils including earthquake, landslide, flood and storm perils, and third-party property damage or bodily injury liability","note":null,"quote":"sudden and unforeseen physical loss of or damage to the property insured ... lost, damaged or destroyed by any cause, other than those specifically excluded hereunder ... cost of clearance and removal of debris ... Earthquake - Fire & Shock ... Landslide/Rockslide/Subsidence, ... Flood/Inundation, ... Storm/Tempest/Hurricane/Typhoon/Cyclone/lightning or other atmospheric disturbances. ... Legal liability for accidental loss or damage caused to property of other persons ... Legal liability (liability under contract excepted) for fatal or non-fatal injury to any person","sources":[{"clause":null,"heading":"POLICY WORDING","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-policy-wording"},{"clause":"Section I","heading":"MATERIAL DAMAGE","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i"},{"clause":"Section I(a)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-a-3"},{"clause":"Section I(b)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-b-3"},{"clause":"Section I(c)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-c-2"},{"clause":"Section I(d)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-d-2"},{"clause":"Section II(a)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-ii-a"},{"clause":"Section II(b)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-ii-b"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-stated","value":null,"display":null,"note":"The wording refers to the first amount of loss shown as Excess in the Schedule, but the Schedule and amount are not provided.","quote":null,"sources":[],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"The insured may terminate the insurance at any time. The insurer refunds appropriate premium only if claims experience is less than 60% of reworked premium, the unexpired period is at least 3 months or 25% of the policy period whichever is less, and the testing period has not commenced.","display":"Refund of appropriate premium if claims experience is less than 60% of reworked premium, unexpired period is at least 3 months or 25% of policy period whichever is less, and testing has not commenced","note":null,"quote":"This insurance may be terminated at the request of the Insured at any time in which case the Insurers will refund appropriate premium amount subject to the following conditions.\ni) Claims experience under the policy as on date of cancellation should be less than 60 % of reworked premium.\nii) The unexpired period is not less than 3 months or 25% of the policy period, whichever is less\niii) Testing period should not have commenced.","sources":[{"clause":"10","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-10"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"not-stated","value":null,"display":null,"note":"The wording refers to the site specified in the Schedule, but no geographic area of cover is stated in the provided documents.","quote":null,"sources":[],"law":[]},{"key":"equipment_covered","label":"Equipment or project covered","section":"Cover","meaning":"What is insured.","status":"quote-verified","value":"The policy insures the property described in the Schedule, except packing materials, against loss, damage or destruction necessitating replacement or repair. The prospectus describes the projects as erection, testing and commissioning of machinery and plant, but the actual property is schedule-based.","display":"Property described in the Schedule, except packing materials, for projects of erection, testing and commissioning of machinery and plant","note":"The exact property insured is to be described in the Schedule; the provided documents do not include the Schedule.","quote":"the property (except packing materials of any kind) or any part thereof described in the said Schedule be lost, damaged or destroyed by any cause, other than those specifically excluded hereunder, in a manner necessitating replacement or repair ... projects of erection, testing and commissioning ... erecting machinery and plant etc.","sources":[{"clause":"Section I","heading":"MATERIAL DAMAGE","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i"},{"clause":null,"heading":"Scope of Cover","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17839#c-scope-of-cover"},{"clause":null,"heading":"ERECTION ALL RISK POLICY","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17839#c-erection-all-risk-policy"}],"law":[]},{"key":"sum_insured_basis","label":"Sum insured basis","section":"Cover","meaning":"How the cover amount is set: market value, reinstatement value, agreed value, IDV.","status":"quote-verified","value":"The Sum Insured must be at least the completely erected value of the property, inclusive of freights, customs duty and erection cost. It is adjustable at completion of erection based on actual values declared for freight and handling charges, customs dues and costs of erection.","display":"Completely erected value of the property, including freights, customs duty and erection cost","note":null,"quote":"It is a requirement of this insurance that the Sum of Insurance stated in the Schedule shall not be less than the completely erected value of the property inclusive of freights, customs duty, erection cost ... The sum insured under the Policy representing the completely erected value of the plant machinery/project shall be adjustable at completion of erection on the basis of the actual values to be declared by the insured in respect of freight and handling charges, customs dues and costs of erection","sources":[{"clause":"Section I(g)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-g"}],"law":[]},{"key":"under_insurance","label":"Under-insurance (average) clause","section":"Limits and co-pay","meaning":"If the sum insured is less than the real value, claims are cut in proportion.","status":"quote-verified","value":"If, at the time of loss or damage, the Sum Insured for the completely erected value of the property or particular items is less than the amount required to be insured, the amount recoverable is reduced in the same proportion as the Sum Insured bears to the required amount.","display":"Claims are reduced in proportion if the Sum Insured is less than the amount required to be insured","note":null,"quote":"If, in the event of the occurrence of a loss, or damage it is found that the Sum Insured representing the completely erected value of the property and/or of particular items involved is less than the amount required to be insured the amount recoverable by the Insured under the Policy shall be reduced in such proportion as the Sum Insured bears to the amount required to be insured.","sources":[{"clause":"Section I(g)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847#c-section-i-g"}],"law":[]}],"documents":[{"kind":"wording","label":"Erection All Risk Insurance Policy - Policy Wordings","pages":44,"fetched_at":"2026-10-17 20:13:07+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance/erection-all-risk-insurance-policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17679"},{"kind":"wording","label":"Erection All Risk Insurance - Retail - Policy Wordings","pages":45,"fetched_at":"2026-10-17 20:15:05+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance-retail/erection-all-risk-insurance-retail-policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17746"},{"kind":"wording","label":"Erection All Risk Insurance - Policy Wording","pages":14,"fetched_at":"2026-10-17 20:17:29+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/erection-all-risk-insurance/policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17847"},{"kind":"wording","label":"Erection All Risk Insurance (IRDAI copy)","pages":13,"fetched_at":"2026-10-20 00:44:06+00","source_url":"https://irdai.gov.in/documents/37343/993134/IRDAN134RP0020V01202223.pdf/3d4b1e45-faa4-4854-6b63-123c6ba35ef1?version=1.0&t=1675766956147&download=true","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/24449"},{"kind":"prospectus","label":"Erection All Risk Insurance Policy - Prospectus / Brochure","pages":41,"fetched_at":"2026-10-17 20:12:58+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance/erection-all-risk-insurance-prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17678"},{"kind":"prospectus","label":"Erection All Risk Insurance - Retail - Prospectus / Brochure","pages":41,"fetched_at":"2026-10-17 20:14:59+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance-retail/erection-all-risk-insurance-retail-prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17741"},{"kind":"prospectus","label":"Erection All Risk Insurance - Prospectus/Sales Literature","pages":2,"fetched_at":"2026-10-17 20:17:26+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/erection-all-risk-insurance/prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17839"},{"kind":"rider","label":"Erection All Risk Insurance Policy - Adds On","pages":16,"fetched_at":"2026-10-17 20:03:36+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance/erection-all-risk-insurance-adds-on.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17447"},{"kind":"rider","label":"Erection All Risk Insurance - Retail - Adds On","pages":16,"fetched_at":"2026-10-17 20:06:58+00","source_url":"https://www.universalsompo.com/assets/file/erection-all-risk-insurance-retail/erection-all-risk-insurance-retail-Adds-on.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809/document/17544"}],"versions":[{"uin":"IRDAN134RP0020V01202223","version":null,"approved_on":null},{"uin":"IRDAN134CP0010V01202122","version":null,"approved_on":null},{"uin":"IRDAN134CP0012V01200809","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Universal Sompo General Insurance official website","url":"https://www.universalsompo.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.universalsompo.com/claims/","note":null},{"purpose":"claim","kind":"insurer","name":"Motor claim intimation","url":"https://www.universalsompo.com/claimintimation/","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.universalsompo.com/resourse-grievance-redressal/","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Renew now","url":"https://www.universalsompo.com/renew-now/","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Erection All Risk Insurance (UIN IRDAN134CP0012V01200809), IndiaInsurances, https://indiainsurances.com/policy/universal-sompo-general-insurance/erection-all-risk-insurance-irdan134cp0012v01200809"}