Contractor’s Plant and Equipment
Under this policy, plant and machinery are insured against any unforeseen or accidental loss or damage from any cause, which is not specifically excluded, necessitating repair or replacement.

Examples of perils insured are:

• Incorrect operation, negligent or malicious acts of employees
• Storm, flood, earthquake, volcanic eruption
• Fire, lightning and explosion
• Burglary or theft
• Collision and overturning

Mechanical or electrical breakdown or derangement is not covered.

The Contractor’s Plant and Equipment policy therefore involves cover in respect of external causes of damage, and excludes internal breakdown, which would be covered under the Machinery Breakdown policy.