About This Policy
CPM Insurance protects high-value construction equipment from accidental damage at work sites. It’s essential for infra contractors and project companies.
What's Covered
The policy covers sudden accidental damage due to fire, impact, overturning, landslide, electrical/mechanical faults, and operator error. It also protects the machinery while stationary or during movement within the project site. Optional coverage includes theft, terrorism, and riot-related damages.
Key Features
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Key Features
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Covers plant like cranes, excavators, loaders, batching plants, Valid at project site and during idle storage, Annual policy, renewable, with agreed list of machines, Burglary, riot/strike, and terrorism add-ons available
Who Should Buy?
Infra and construction contractors, Equipment rental/leasing firms, Real estate and mining operators using heavy machines