Contractors Plant and Machinery Insurance

Contractors Plant and Machinery Insurance

This specialised insurance policy is designed for contractors utilising plant and machinery during construction projects. It provides targeted coverage against various types of risks that these assets might face on site, ensuring smooth operational continuity throughout the construction phase.

All Property Insurances

Benefits

Core Coverage

  • This policy provides insurance for plant and machinery used in construction, covering accidental damage due to external causes. Covered equipment includes,
    • Backhoe loaders
    • Excavators, cranes, and forklifts
    • Other machinery used in construction work

Eligibility

  • Policyholder should have an insurable interest in the asset.
  • Must be eligible to sign an insurance agreement as per the legislation framework of Sri Lanka.
  • Insuring property/assets must be within the geographical limits of Sri Lanka.

This policy is part of a broader approach to provide comprehensive risk management for contractors, safeguarding critical assets required for construction projects.

*Terms and Conditions Apply

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