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BOILER AND PRESSURE PLANT INSURANCE
Scope of Cover:
Damage to Boiler and Pressure Vessels due to explosion / implosion or the collapse.
Damage to surrounding property arising due to explosion / implosion or collapse of the Pressure Plant during its normal course of working.
Third Party Legal Liability arising due to explosion / implosion or collapse of the Pressure Plant during its normal course of working.
Significant Extensions:
Damage to the Owner’s existing surrounding property.
Legal liability for Third Party bodily injury and property damage.
Express Freight (Excluding Air Freight), overtime and holiday rates for wages.
Air Freight.
Additional Customs Duty.
Exclusions:
Fire and allied perils.
War and Nuclear perils.
Overload experiments / tests imposing abnormal conditions.
Gradually developing defects not necessitating stoppage.
Normal wear and tear.
Failure of individual tubes not leading to explosion / collapse.
Loss / Damage during application of test by inspecting authority or otherwise.
Willful act / negligence.
Pre-existing defects and faults.
Consequential losses.
Sum Insured:
Sum insured should be reinstatement cost of the Boiler.
In Case of Claim:
Inform the 24x7 Call Centre about your Policy details.
Get a Claim Registration No. while confirming the Policy details.
Appointment of Surveyor at the time of Claim Registration.
Fast settlement of claims after submission of all the relevant documents.
Next Steps
