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CONTRACTOR’S PLANT & MACHINERY TAKAFUL (CPM)

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Eng.Quotes@orienttakaful.ae
OVERVIEW
SCOPE OF COVER
OVERVIEW

The insured items includes plant, machinery, and other construction equipment on the site as well as at rest offsite

Insurance coverage to construction equipment such as cranes, excavators etc., against any cause, accidental and external in nature, other than those specifically excluded from the policy. Coverage includes cost to repair or replace the affected machinery, which is covered at work or rest, while on any job site owned by a third party and even when dismantled or reassembled for maintenance.

SCOPE OF COVER

Policy coverage includes:

  • Any unforeseen and sudden physical loss or damage from any cause not specifically excluded in the policy wording;
  • Losses due to theft or burglary;
  • External accidental physical losses.
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