Plant All Risk Policy provides comprehensive coverage for a wide array of machinery, equipment, appliances, containers, implements, tools and their components.
This includes items such as lifts, cranes, computers, scaffolding components, conveyors, forklifts, augers, special vehicles, power tools and amusement devices.
This policy covers against unforeseen and sudden physical loss or damage from any cause not specifically excluded, necessitating repair or replacement. The policy offers compensation through payment in cash, replacement or repair.
Scope of Coverage
This policy covers the insured items under various conditions
The coverage is effective only after successful commissioning of the insured items.
Cover benefits
-
Comprehensive coverage against physical loss or damage
-
Applicable under various operational conditions
-
Compensation through cash payment, replacement or repair
-
Coverage for a wide range of plant machinery and equipment
