This policy provides cover for physical loss or damage to boilers and/or other pressure plants against unforeseen and sudden physical loss of or damage due to explosion or collapse of the Insured items including third party liability and loss to surrounding property arising in the course of ordinary working.
PRODUCT FEATURES
- Damage to the boiler or pressure vessel due to explosion, collapse, or other covered risks.
- Costs of repair or replacement of the damaged equipment.
- Liability coverage for third-party bodily injury or property damage caused by an accident involving the Insured equipment.
REQUIREMENTS FOR QUOTATION
- Duly completed Proposal form
- Know Your Customer (KYC) form
STEPS TO MAKE A CLAIM/ CLAIM PROCESSING
- Immediate notification via phone call, app, letter or email
- Duly completed Claim form
- Other claims substantiating documents as may be required
Please note that physical inspections of the assets to be insured will be conducted.
Terms and conditions apply.
