This insurance covers sudden and accidental physical loss or damage to plant and machinery (heavy equipment) of every kind, against all risks.
It covers your plant and machinery for any risks to support your business continuity.
loss due to arising of total or partial interruption of the operation of EDP equipment due to material damage indemnifiable under the policy
Machine type
Year of manufacture
Other factors
Fire, direct lightning, chemical explosion (except flue gas explosions in boilers)
Aircraft or other aerial devices
Theft, burglary
Collapse of buildings
Flood, inundation, earthquake, subsidence, landslide, avalanche
Cyclone, volcanic eruption or similar natural catastrophes
Note: This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
This is general information and is not an insurance contract/agreement. Detail terms and conditions will be referred to the policy. It is crucial that you read and understand the policy's terms and conditions well.
You might find your answers in FAQs.
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Contractor’s Plant and Machinery Insurance is one of engineering insurance which covers sudden and accidental physical loss or damage to plant and machinery (heavy equipment) of every kind, against all risks (except those listed in policy exclusions)
Provide the protection for the Insured from third party liability
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