Boiler and Pressure Plant Insurance

Boiler Pressure Plant Policy covers Boiler & Pressure vessel installed at your premises against risk of Explosion, Implosion and Collapse. It can be extended to cover third party liability and other specified risks.

What does this Policy cover?
The Policy covers damage due to Explosion, Implosion, Collapse leading to the

Damage to the Boilers & Pressure vessels

Damage to Surrounding property, up to fixed limits, arising due to explosion & collapse of the pressure plant during normal course of working

Third party legal liability, up to fixed limits, arising due to
Death or bodily injury to third parties
Damage to property of third parties (not held in trust or on commission) caused by and solely due to explosion or collapse occurring in the course of ordinary working

Optional Extensions

Express Freight

Air Freight

Owners surrounding property

Third party liability

Additional custom duty

Loss or damage resulting from:

Fire, lightning, Inundation, Flood, Storm , Earthquake, Subsidence, landslide Chemical Explosion, Burglary and Theft, Impact by land borne/water borne craft

Wear and Tear, faults or defects existing at the time of commencement of insurance which ought to have been or were known to you, Faults or defect for which the supplier is responsible either by law or under contract

War or warlike operations, Nuclear reaction, radiation or radioactive contamination

Loss damage and/or liability resulting from overload experiments or tests

The failure of individual tubes in Boilers of the water tube locomotive or other multi tubular types, in Super heaters or in Economizers

Willful acts or gross negligence by you or your representatives