Insurance
The following is a brief guide to standard engineering insurance covers. For a
copy of our policy wordings please contact your local HSB office.
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Cover
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1. SPECIFIC ITEMS OF PLANT & MACHINERY
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Breakdown, Sudden & Unforeseen Damage.
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2. LIFTS AND LIFTING PLANT
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Breakdown, Sudden & Unforeseen Damage.
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3. BOILER AND PRESSURE PLANT
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Explosion & Collapse,Sudden & Unforeseen Damage.
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4. ALL MACHINERY & PLANT
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Explosion & Collapse,Sudden & Unforeseen Damage.
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5. CONTRACTORS PLANT (OWNED)
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"All Risks".
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6. CONTRACTORS PLANT (HIRED IN)
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"All Risks" plus Negligent Breakdown & resultant loss of hire charges (to comply
with Hire Contract)
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7. COMPUTERS
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All Risks Package but cover sometimes limited to:
- Breakdown on Hardware;
- "All Risks" on Software and loss of information, Increased Cost of Working and Loss
of Profits / Revenue where appropriate.
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8. ENGINEERING BUSINESS INTERRUPTION
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Cover usually follows Material Damage cover plus Accidental Failure of Public Electricity,
Gas and Water Supplies.
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9. DETERIORATION OF REFRIGERATED STOCK
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Loss of stock following Breakdown, Sudden & Unforeseen Damage, Accidental Failure
of Electricity Supplies and Contamination by Refrigerant Fumes
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10. MACHINERY MOVEMENT
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"All Risks"
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11. ENGINEERING ALL RISKS (EAR)
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"All Risks". Breakdown during testing, Maintenance Visits Cover.
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12. CONTRACTORS ALL RISKS
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"All Risk" on works extending to include contractors plant and tools.
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13. BESPOKE ENGINEERING PRODUCTS
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Tailor made products. Contact your local HSB office to discuss your requirements
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