BOILER AND PRESSURE PLANT
INSURANCE
Ideal Advantage
- Guaranteed Lowest Premiums
- Best Product
- Renewals from any Company
- Quick Claim Settlement
- 24 Hr Service Helpline
- Timely Renewals
The Policy Covers
The policy is convenient and easy to understand, with easy documentation and hassle free claims service
- Damage to boilers & pressure vessels caused solely due to explosion or collapse
- Damage to Surrounding Property (SP) arising due to explosion and collapse of the pressure plant during its normal course of working - optional
- Third party legal liability (TPL) arising due to explosion and collapse of the pressure plant during its normal course of working - optional
Exclusions
- Fire and related perils, Consequential losses, Willful act / negligence, Pre-existing defects & faults
- War & Nuclear perils
- Overload experiments / tests imposing abnormal conditions
- Gradually developing defects not necessitating stoppage
- Normal wear and tear, corrosion not leading to explosion / collapse.
- Loss for which manufacturer is responsible
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