Machinery & Equipment
Covers loss or damage to the machineries or equipments whilst kept in the lessee’s or hirer’s premises.
Machinery Breakdown Loss Of Profit
Covers loss of revenue which may arise as a result of the machinery breakdown.
Machinery Breakdown
Covers sudden and unforeseen damage occurring whilst machinery is working, at rest, being dismantled, moved for the purpose of cleaning, inspection, repair or installation in another position.
Storage Tanks
Covers against sudden and unforeseen physical loss or damage to storage tanks and its contents caused by bursting, splitting, rupture or collapse resulting from any material damage to the storage tank which is indemnifiable.
Boilers & Pressure Vessels
Cover loss or damage to surrounding property and legal liability of the Insured for any death, bodily injury or damage to third party properties as a result of explosion or collapse of boilers and other pressure vessels caused by the force of internal steam or fluid pressure.
Deterioration of Stocks
Covers loss of or damage by deterioration or putrefaction to goods stored in any cold storage space specified caused by a rise or fall in temperature due to breakdown or accidental damage to the refrigeration equipment or non operation of the controlling devices, accidental failure of the public electricity supply and/or by action of escaping refrigerant fumes.
Contractors All Risk
Covers loss of or damage to contract works and all other materials on site as well as legal liability to third parties arising out of the performance of a contract.
Erection All Risk
Covers against all the risks involved in the erection of plant and machinery as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project. It can be extended to include all testing and commissioning works.
Electronic Equipment
Covers unforeseen and sudden physical loss or damage to the equipment insured from any cause other than those specifically excluded.
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