Erection All Risk Insurance

This is specially designed to provide compensation to the insured for any unforeseen loss or damage at the erection site during the installation and erection of plant, machinery and equipment.

This cover is usually effective from the inception of work or off-loading of materials on site until successful testing and commissioning of the machinery, equipment or plant. It provides similar cover like Contractor’s All Risk (CAR) Insurance policy against unforeseen and sudden physical loss or damage from any cause whatsoever, other than those specifically excluded. The insurance also includes a Third Party Liability cover against legal liability for damages as a consequence of the performance of the contract.

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Guinea Insurance has always lived up to its name; consistently one step ahead of the industry in the provision of better and affordable risk management solutions. We are a major player in the provision of first-rate financial risk solutions in the General and Special Risks business underwriting categories. We have established a reputation for exceptional competence in the delivery of customer-centric services and product innovation. With a strong capital base, highly qualified professionals, and modern technology, Guinea Insurance PLC became widely acknowledged for speed and efficiency and thus, remained the preferred insurer for individual and corporate clientele seeking premium insurance and related financial services to date.

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Guinea Insurance House
33 Ikorodu Road Jibowu, Lagos.

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