India Current Update
Agency News

BOILER AND PRESSURE PLANT INSURANCE POLICY

COVERAGE’S 

  1. Damage (other than by fire) to the Boilers and/or other Pressure Plant described in the Schedule.
  1. Damage (other than by fire) to surrounding property of the insured described in the Schedule or to property held by the insured in trust or on commission or for which he is responsible.
  1. Liability of the Insured at law on account of –
  1. death of or bodily injury to any person (other than a person under a contract of service or apprenticeship with the Insured sustaining death or bodily injury which arises out of and in the course of employment with the Insured);
  1. damage to property not belonging to the Insured nor held in trust or on commission nor for which he is responsible.         

caused by and solely due to Explosion or Collapse as hereinafter defined of any Boiler or other Pressure Plant described in the Schedule occurring in the course of ordinary working.

 

Provided that the liability of the Company for any one item of the insured property and Third-Party Liability shall not exceed in the aggregate in any one period of Insurance the Sum Insured set against such item in the attached Schedule(s) unless the Sum Insured under such item is reinstated after occurrence of a claim for balance period.

 

For any insurance solutions, please contact Beacon Insurance Broker Pvt Ltd at https://www.beacon.co.in/ 

Insurance is a subject matter of solicitation

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