Engineering

Contractors Plant & Machinery

This Policy is designed for covering physical loss or damage to various insured plant & machineries used at project site. Our Contractor's Plant & Machinery Policy ensures that your machinery is well covered against the damage or destruction of various civil engineering projects. This includes accidental damage to contractor's plants & machinery at the construction site.

The perils covered under this Plan, but not limited to the following:

• Physical damage by any cause (unless specifically excluded)
• Complete cover on partial or total damage to equipment or machinery
• Cover for all insured items, whether at work, rest, or being dismantled for cleaning and overhauling
• Insurance will be offered on current replacement value
• Policy can be bought only after successful commissioning of the machinery

The cover can be extended to include:

• Owners surrounding policy
• Clearance and removal of debris
• Express and air freight
• Dismantling and shifting to a new location
• Escalation of cost
• Third Party Liability

Information/Documents Required for Quotation:

• Value of Plant and Machinery
• List of Equipment (make, model, chassis and engine number)
• Past Claim experience