Plant All Risk
Machinery, equipment, appliances, containers, implements and tools and components or anything fitted or connected to these things are commonly referred to as parts of a plant. Some examples of plant are lifts, cranes, computers, scaffolding components, conveyors, forklifts, augers, special types vehicles, power tools and amusement devices. This cover indemnifies against unforeseen and sudden physical loss or damage from any cause not specifically excluded in a manner necessitating repair or replacement. The policy will indemnify the Insured in respect of such loss or damage by payment in cash, replacement, or repair. Get a free consultation and quote today.
This Policy shall apply whether the insured items are at work or at rest, or being dismantled for the purpose of cleaning or overhauling, or in the course of the aforesaid operations themselves, or in the course of subsequent re-erection, but in any case only after successful commissioning.