Contractors Plant Insurance Policy

Contractors' plant and machinery (CPM) Insurance

CPM - Construction machinery is all "Plant or machinery" which renders its service only when moving and under control of an operator.

This is an insurance of contractors' plant and machinery on an annual basis. The cover, which is similar to the scope of machinery (M) insurance but excluding internal break-down, applies at work, at rest or during maintenance operations and is not limited to a specific construction site. The sum insured is the new replacement value.

Information required to obtain a quote:

  • Experience of the management,
  • Maintenance standard and housekeeping,
  • Claims record,
  • Exposure to external perils,
  • Availability of spare parts and
  • Information on fire protection facilities.