MECON’s Contractors Plant policy combines Material Damage, Road Risk and Public Liability and Business Interruption. We can insure single items of owner-operated plant or large plant fleets.
The policy contains an automatic limit for:
- Accessories and tools
- Dangerous Goods carriage
- Expediting expenses
- Removal and recovery of plan (whether or not damaged)
- Removal of Debris
- Excess free windscreen replacement
The policy automatically includes:
- Broad CTP Gap cover
- Care, custody or control (including Vehicles and mobile plant up to $100,000)
- Contractors and subcontractors
- Contractual liability
- Damage to goods lifted
- Dry hire
- Financiers Interests
- Hire cost or finance payment
- Incidental cover
- Multiple crane lifts
- New replacement value for up to two years old
- Ongoing hire costs
- Plant acquisition
- Plant appreciation value
- Products Liability (including cover for previously completed contracts)
- Tool of Trade cover (whether registered or not)
- Unintentional overloading
- Vibration, Weakening or removal of supports
- Waiver of subrogation rights
The policy can also be extended to include:
- Accidental asbestos exposure ($1 million)
- Agreed Plant value
- Business Interruption cover
- Breakdown of electrical and mechanical parts
- Claim preparation costs
- Contractors Pollution Liability
- Gap in Finance
- Hired in Plant
- Own goods lifted
- Trailers used but not owned
- Underground risks
- Worldwide travel