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Contractors Plant and Machinery (CPM)

Bearing our prestige contractors in mind, our CPM policy is designed to offer comprehensive and adequate protection against accidental physical loss or damage to the contractors’ plant and machinery. It covers unforeseen and sudden physical loss or damage from any cause whatsoever except specifically excluded, occurring whilst the machinery is at work, at rest or during maintenance operations. It thus provide indemnity by way of repair, replacement, or cash payment to the insured when the insured item suffers loss or damage. Machines commonly insured under our CPM policy are cranes, bulldozers, graders, excavators, factory machines and plants, etc.

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