Insurance Objects
production equipment;
pumps;
compression units;
equipment stock;
mechanisms and tools;
gas, steam turbines, steam boilers, boilers, industrial transformers, generators
Insurance risks
- unforeseen failures or defects;
- human error;
- rope and chain breaking;
- overloading, overheating, vibration, jamming, clogging of the mechanism, pressure change and “mechanism weariness”;
- explosion of steam boilers, internal combustion engines;
- safety equipment breakdown or failure
Note
- The Insurer may additionally indemnify for the losses or costs arising from sudden power outage and use of the insured property for conducting experimental or research works.
