Property All Risks Insurance
- The property policy indemnifies against accidental physical loss or damage to the property Insured policy, and includes coverage arising from these main risks:
- Fire, lightning, aircraft, explosion, earthquake
- Strike, riot, civil commotion, malicious damage
- Tempest, flood, bursting
- Water tanks, pipes and apparatus (including sprinkler leakage)
- Impact by own vehicles, theft or attempted theft
Contractor's Plant and Equipment (CPM)
- The CPM policy indemnifies against unforeseen or sudden physical damage to various types of machinery and equipment.
- The policy can also be extended to cover third party liability.
- It includes equipment such as cranes, tractors and other mobile equipment that do not require government or land transportation registration.