Dismantling Transit and Erection

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Cover can be provided on specific contract basis for loss or damage to new or existing electrical and mechanical equipment during machine moving operations, from dismantling the plant, loading and transporting plant to site, positioning including lifting operations and thereafter during installation and assembly of the equipment. The cover extends to loss or damage to the equipment being moved provided that the value of such equipment (either market value or new replacement value) is included in the policy sum insured. Cover in respect of testing is limited to new equipment.

 

The cover can be provided on an annually renewable policy, provided always that the value of every contract including the value of equipment being moved is declared and noted in the policy schedule.

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