About the Service
Mobile equipment insurance protects fleets of mobile machinery against damage, loss and the financial consequences of operational downtime, helping contractors and construction companies maintain financial stability.
Purpose of Cover
- Protection of the value of mobile plant and equipment against physical loss or damage
- Coverage of repair and restoration costs
Insured Events
- Loss of, damage to or destruction of mobile plant and equipment resulting from fire, explosion, natural hazards, road accidents, malicious acts by third parties or breakdown during operation
Scope of Indemnity
Includes, but is not limited to:- Repair or replacement costs
- Recovery and transportation expenses
- Salvage and loss mitigation expenses
