New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Erection All Risks (EAR) Policy is also known as:

    A Storage-cum-Erection Policy Correct Answer Incorrect Answer
    B P.R. costs involved in “disaster management” Correct Answer Incorrect Answer
    C Cover for “Failure to Perform” Correct Answer Incorrect Answer
    D Transportation of the defective products Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Erection All Risks (EAR) insurance, also known as Storage-cum-Erection Policy, covers the risks associated with the storage, transportation, and erection of machinery and equipment at the construction site.

    Practice Next