The explosion risk granted under the standard fire policy excludes explosion damage to boilers and pressure vessels and its contents by its own explosion.
The standard boiler policy covers;
- Damage to the insured item itself following explosion and collapse or deterioration of the boiler or pressure vessel caused by steam or fluid pressure
- Damage caused to other surrounding property belonging to the insured (Optional cover)
- Liability to third parties for personal injuries and property damage arising out of the mishap
Contractors’ All Risk Insurance policy offers comprehensive and adequate protection against loss or damage in respect of…
This class of insurance covers plant and machinery used in construction/erection site. This policy basically provides an all…
Deterioration of stock in cold storage insurance policy covers the losses due to deterioration of goods placed in cold storage,…
Electronic Equipment Insurance is an accident insurance on an all risk basis covering sudden and unforeseen losses, which materially…
Erection All Risk Insurance provides comprehensive and adequate protection against all the risk involved in the erection, testing…
Most plant and machinery from a sizeable of the capital outlay of any industrial concern, and is exposed to various operational…