Plant All Risks
This policy covers you on an “All Risk” basis for the loss of or damage to construction plant and equipment from any cause while the plant is stored, in transit between or on the contract site, demonstrations and while being used as a tool of trade.
Plant all risks can be insured on Market Value, New Replacement value or Agreed value.
The Policy includes the following extensions:
- Plant hired in
- Plant hired out
- Continuing hire charges
- Public liability when used as a tool of trade
- Wear and tear
- Tandem lifting
- Electrical and mechanical breakdown
Insured through New National Assurance Company