Boiler and Pressure Plant Insurance Policy

  • Buy Boiler and Pressure Plant Insurance Policy in India

Manufacturing companies often use boilers and pressure plants, which have risk of explosion, implosion and collapse. Such incidences may cause damage to the surroundings. The Boiler and Pressure Plant (BPP) Insurance policy covers physical loss or damage to all types of Boilers and/or other pressure plants, where steam is being generated.  It can be extended to cover third party liability and other specified risks. Hence in industries where such equipments are used, it is always recommended to have a boiler and pressure vessel insurance policy Or boiler and machinery breakdown insurance policy to minimize financial risk and exposure

Scope of cover

The policy covers damage due to explosion, implosion or collapse leading to the

  • Damage of the boilers & pressure vessels
  • Damage to the surrounding property, up to fixed limits, arising due to explosion & collapse of the pressure plant during normal course of working
  • Third party legal liability, up to fixed limits, arising due to
  • Death or bodily injury to third parties
  • Damage to property of third parties (not held in trust or on commission) caused by and solely due to explosion or collapse occurring in the course of ordinary working

Major Exclusions

  • Fire and related perils
  • War and nuclear perils
  • Normal wear and tear, corrosion not leading to explosion / collapse.
  • Willful act / negligence
  • Pre-existing defects and faults

We work on your behalf to get you the best rates. Fill the from below to here from us
*Mandatory field

Our Recent Blogs

  • Advantage of InsuranceManager.com

Our Partners

6
5
3
2
7
4
2
3
9
10
11
14
8
12
1
15
16
13
Facebook IconYouTube IconTwitter IconVisit Our Linkedin Page