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Contractors Plant and Machinery (CPM) Insurance
Contractors Plant and Machinery (CPM) Insurance

Contractors Plant and Machinery (CPM) Insurance

The policy covers accidental physical damage to various types of plant, machinery and equipment whilst used at business locations, project sites.

The equipment is insured based on its new replacement value. 

The policy can be extended to cover:
  • Cover whilst in transit
  • Third-party liability (Tool of Trade)
  • Hired in plants
  • Strike, Riots, Civil Commotion (SRCC)

Explore More Project/Construction Insurance Options

Contractors All Risks (CAR) Insurance Contractors All Risks (CAR) Insurance

Contractors All Risks (CAR) Insurance

Coverage for physical damage to the contract works and third party liabilities due to injury or damages during the course of construction

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Erection All Risks (EAR) Insurance Erection All Risks (EAR) Insurance

Erection All Risks (EAR) Insurance

Designed to cover the risk of loss arising out of the erection and installation of plant, machinery and liability to third parties

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Marine-Cum-Erection (MCE) Insurance

A combination of Marine Cargo and Erection All Risks insurance to protect principal, contractor, manufacturer and supplier

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Advance Loss of Profits Insurance (ALOP / DSU) Advance Loss of Profits Insurance (ALOP / DSU)

Advance Loss of Profits Insurance (ALOP / DSU)

Covers financial losses due to delay in construction and infrastructure projects

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