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Bond Engineering Insurance Fire Health Liability Marine Miscellaneous Motor Personal Accident Policy

EQUIPMENT NAMED PERILS INSURANCE

Introduction

This policy is designed to cover mobile equipment that is not licensed for use on the road e.g. forklifts, tractors and cranes operating within a confined private area.

Scope of Cover

This policy will indemnify the Insured against loss of or damage to the Equipment, its accessories and spare parts whilst thereon by:

  • Accidental collision or overturning.
  • Fire, external explosion, self-ignition or lightning.
  • Burglary, housebreaking or theft.


For further information about this product, please contact our nearest branch and our customer service staff will gladly assist you.

Principal Exclusions

  • Outside the Territorial Limit.
  • Whilst in transit (including the process of loading and unloading)
  • Whilst the Equipment is operated by unauthorised operator.
  • Conseqential loss of whatsoever nature
  • Willful or dishonest act of Insured's employees.
  • Earthquake, flood, typhoon, landslide or sinking. 
  • War, strike and riot
  • Nuclear weapons material, ionising and radiation.
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