Plants All Risk Insurance

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Plant All Risk Insurance covers the plant and machinery which a contractor needs to facilitate execution of a contractor’s All Risk or Erection All Risk project.

This policy provides cover in respect of plant and machinery specified in the policy as a result of unforeseen, sudden, physical loss or damage as a result of fire, theft and impact damage.

Most of the time these plants work under extreme environmental conditions of e.g. dust, hard terrain, slippery or wet conditions and are therefore exposed to severe wear and tear as well as highly hazardous working conditions.