It provides cover against all the risks involved in the erection of machinery, plant and steel structures. EAR insurance provides very wide cover. Almost any sudden and unforeseen loss or damage occurring to the property insured on the erection site including the surrounding property in the care and custody of the insured leading to repair or replacement during the period of insurance will be indemnified. All third-party claims in respect of property damage or bodily injury arising in connection with the execution of a project shall also be indemnified under the policy.