machinery insurance for drivable and transportable equipment
This form of machinery insurance offers insurance protection for drivable and transportable equipment such as, for example, construction machinery, rotating tower cranes, mobile cranes, truck-mounted cranes, reach stackers and forklifts.
This provides all-risks coverage; in other words, it consists of insurance protection against all unforeseen damages to the insured equipment, to the extent that their cause is not expressly excluded.
In particular, insurance coverage is provided for the following
- Operational errors, ineptitude, negligence and malice
- Errors caused by construction, materials or execution
- Short circuits, power surges and overvoltages
- Failure of measurement, control or safety devices
- Lack of water, oil or lubrication
- Fire, lightning, explosions, collisions or the crash of an aircraft, its parts or its cargo
- Excess or inadequate pressure
- Storms, frost, drifting ice, earthquakes, floods
- Theft, burglary or robbery (optional)
- Internal unrest, strikes and lock-outs (optional)
The significant exclusions are :
- Intent of the policyholder
- War or events similar to war
- Nuclear energy
- Normal or premature wear and tear, corrosive attacks or abrasion caused by operation
machinery insurance for stationary machinery
These machinery insurance policies offer insurance protection for stationary installations and equipment such as that used in production engineering and power plant technology.
It is all-risks coverage; in other words, it consists of insurance protection against all unforeseen damage to the insured equipment, to the extent that their cause is not expressly excluded.
In particular, insurance coverage is provided for the following:
- Operational errors, ineptitude, negligence and malice
- Errors caused by construction, materials or execution
- Short circuits, power surges and overvoltages
- Failure of measurement, control or safety devices
- Lack of water, oil or lubrication
- Rupture caused by centrifugal force
- Excess or inadequate pressure
- Storms, frost or drifting ice
- Theft, burglary or robbery (optional)
- Internal unrest, strikes, lock-outs (optional)
- Earthquakes and floods (optional)
The significant exclusions are:
- Intent of the policyholder
- War or events similar to war
- Nuclear energy
- Normal or premature wear and tear, corrosive attacks or abrasion caused by operation
- Fire, lightning, explosions
