Contractor’s Plant & Machinery Insurance

Contractor’s Plant & Machinery Insurance policy broadly covers Loss or Damage to any contractor’s construction mobile Equipment such as Bulldozers, Cranes, Excavators, Compressors etc. due to an accident arising out of external perils.

The cover is operative while the insured property is at work or at rest or being dismantled for the purpose of cleaning or overhauling, or during subsequent re-erection.

The policy requires the sum insured to be the same as the cost of replacement of the insured property. The replacement cost includes freight, dues, customs duties and erection costs if any.

Unison has a specialised team that caters to our esteemed clientele’s particular needs. We pride in placing many such polices for our Corporate Clients with the widest coverage priced at optimal cost.

Key Features:
  • Covers plant and machinery for any physical damage by any cause (unless specifically excluded)
  • Cover for all insured items, whether at work, rest, or being dismantled for cleaning and overhauling
  • Insurance will be offered on current replacement value
  • Options to include various Add-On Covers at additional cost