plant all risk
The Plant All Risk insurance is a cover for Plants and Machinery of various descriptions (Road Construction Equipment, Building Construction Equipment, Drilling Equipment, etc) against any form of accidental damage. Thus, Fire, flood, collision, fall, theft, etc are covered by the policy. While the cover provided is wide and multi-dimensional, there are a few exclusions for which the Insured will not be compensated. Third-Party Liabilities (Bodily Injury and Property Damage) arising from the use of the Plant/Machinery are also covered by the policy.