Marine Cum Erection (MCE) and Storage Cum Erection (SCE) Insurance provides seamless all-risk protection for imported plant and machinery, from the moment it leaves the factory, through sea transit, port storage, inland delivery, erection on site, and right through to final testing and commissioning.
Marine Cum Erection (MCE) and Storage Cum Erection (SCE) Insurance provides combined coverage for goods in transit via marine routes and the subsequent storage, installation, and testing of machinery and equipment at the project site. When businesses import heavy plant, industrial machinery, or engineering equipment, they face a complex chain of risk across multiple legs — sea transit, storage, land transport, erection, and commissioning. Standard marine or erection policies cover only single legs. MCE and SCE policies bridge this gap with continuous, end-to-end all-risk protection on a single combined policy.
Phase 01
Sea Transit
Cover begins as cargo is loaded at the factory/port of origin and continues through international sea voyage to the Nigerian port of entry.
Phase 02
Port Storage
Equipment awaiting customs clearance or collection at the port is covered against fire, theft, flood, and accidental damage during storage.
Phase 03
Inland Transit
Cover continues as equipment moves by road or rail from port to the project site, including multiple deliveries and off-loading operations.
Phase 04
Erection on Site
All-risk protection during the physical assembly, installation, and erection of machinery and plant at the insured project site.
Phase 05
Testing & Commissioning
Cover extends through hot and cold commissioning tests, trial runs, and final acceptance, until the equipment is handed over for operation.
Both policies deliver end-to-end cover but differ in where the journey begins. Choose the policy that matches your equipment’s procurement route.
Marine Cum Erection
Cover starts at sea, factory to commissioning
Storage Cum Erection
Cover starts at storage, warehouse to commissioning
MCE/SCE are “all risks” policies, any accidental loss or damage is covered unless specifically excluded in the policy schedule.
Covered Risks
Key Exclusions
Any business importing, procuring, or installing heavy plant or industrial equipment for a capital project can benefit from this policy.
Power & Energy
Power plants, generators, turbines, and transformer stations being imported and installed.
Oil & Gas
Imported process equipment, pipelines, pumps, and refinery machinery for oil & gas facilities.
Manufacturing
Production lines, CNC machines, industrial presses, and conveyor systems for factories.
Infrastructure
Water treatment plants, telecom towers, hospital equipment, and civil infrastructure projects.
From the factory floor overseas to the moment your machinery runs at full capacity on Nigerian soil, Prestige MCE/SCE Insurance keeps your capital investment protected at every step of the journey.