Machinery All Risk
A Machinery All Risk Policy covers your business’ machinery or equipment (whether owned, rented or borrowed) against loss or damage from a wide range of perils on an all risk basis.
Examples of equipment that can be covered are cranes, excavators, tractors, compressors, welding plants, concrete plants and asphalt plants.
The coverage is against unforeseen physical loss or damage and includes losses arising from the perils of:
• Earthquake, Hurricane, Flood
• Impact Damage
• Malicious Damage
Cover would apply, based on the options purchased, to the machinery and plant:
• At various job sites
• Whilst being loaded or unloaded
• During transport within the country