(Product) Contractor’s Plant and Machinery – Dhivehi Insurance

CONTRACTOR'S PLANT AND MACHINERY

The Contractors Plant & Machinery (CPM) policy is an annual ‘All Risks’ policy for plant and machinery of every kind.

COVERAGE

Covers sudden and unforeseen physical loss or damage to the insured vehicle/machinery including loss/damage;

By accidental collision or overturning
Impact damage caused by falling objects
Fire, Explosion or Lightening
Malicious acts/Vandalism, Burglary or Theft
Natural Perils including Tsunami & Tidal Waves, etc

MAJOR COVERS AND EXTENSIONS

Cover for inland transit
Personal accident cover for drivers
Towing charges following an accident

MAJOR EXCLUSIONS

Machinery breakdown
Loss or damage to replaceable parts or items
Loss of or damage to waterborne vessels or craft
Loss or damage due to total or partial immersion in tidal waters
Wear & tear or deterioration due to normal atmospheric conditions
War and acts of war (rebellion, revolution, insurrection, mutiny)
Nuclear radiation or radioactive contamination
Willful act or willful negligence of the Insured
Manufacturer defects

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Dhivehi Insurance Company Pvt Ltd.

G. Maajehige Aage, 1st Floor,

Daisy Magu, Male’, 20129 Maldives

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Telephone: (960) 300 799

Fax: (960) 301 7788

E-Mail: info@dhivehiinsurance.com

Dhivehi Insurance Company Pvt Ltd.

G. Maajehige Aage, 1st Floor, Daisy Magu,

Male’, 20129 Maldives