Description

Contractor’s Plant and Machinery Insurance(CPM) :

Is an All Risk Vehicles insurance. It covers all unexpected and unpredictable losses, including: Fire, Theft, Lightning, Explosion, Collision, Overturning, Flood, Storm in addition to the cost of shipping for the spare parts.

Insurance can be purchased for various machinery and supplementary equipment, for example: Trucks, Trailers Cranes, Busses, Loaders, Factories Machines, Lifts, Pumps and Agricultural machinery, etc.

Policy Covered: Inside the projects and outside the projects on private & Public roads when self-propelled or loaded on vehicles.

Note:

The sum insured must be on new replacement value to avoid the under-insurance deductible.

*Terms and Conditions applies.