Engineering projects involve enormous amount of cost, man power and resources.
CECR is annual named peril policy for civil engineering structures like Bridge, Dam, Jetties, Canal, Tunnel, Water Reservoirs, Runways, Water Pipelines etc. Under This policy, HDFC Ergo covers your civil engineering projects against fire and natural hazards after construction is completed .
In event of loss policy indemnifies to repair/ reinstate the structure subject to policy conditions.
Nuclear radiation or radioactive contamination
Political risks
Willful act or willful negligence
Wear and Tear
Inherent defects, wear and tear, gradual deterioration, expansion or contraction of insured items due to changes of temperature, Lack of Maintenance
Consequential loss
Removal of Debris
Sum Insured should represent their new replacement values
The policy is subject to a compulsory excess.
Premium depends upon nature/type of construction and area of the construction site.
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Secured Over 1 Crore+ Smiles
All the support you need-24x7
Catering customer needs
Transparency at its best
Awards