Mobile Plant & Equipment

Our Appetite

Our appetite is broad and includes the following:

• Civil Contractors
• Earthmoving
• Plant Hire
• Crane Operators
• Elevated Work Platforms
• Mining
• Drilling
• Agricultural (excl harvesters)
• Grape and fruit harvesting.

Key Coverage Sections

Section 1 – Material Damage

Covering damage to property insured.

Section 2 – Increased Cost of Working

Covering increased cost of working resulting from damage to property insured.

Section 3 – Loss of Income

Covering the shortfall in average weekly income resulting from damage to property insured.

Section 4 – Road Risk Liability

Covering the insured’s legal liability in respect of property damage and/or personal injury arising from the use of a motor vehicle.

Key Standard Benefits

The following are some of the key standard offerings of our product:

• Australia Wide Transit Cover (inc. Loading & Unloading)
• Automatic Additions & Deletions: 90 Days – $500,000 limit any one item
• Appreciation in Value: Limited to 25% of Sum Insured
• Damage to Lifted Goods: $50,000 any one Occurrence / $100,000 in the aggregate
• Dangerous Goods: $1,000,000 any one Occurrence
• Dry Hire (Theft by Hirer)
• Employee Effects: $5,000 any one Occurrence
• Expediting Expenses: Lesser of 25% of repair / replacement costs or $150,000
• Extra Costs of Reinstatement: 25% of the Sum Insured or $100,000 any one Occurrence, whichever is the lessor
• Finance Gap Protection: Maximum of 20% of Market Value
• Fire, Police and Emergency Services: $25,000 any one Occurrence
• Hire Car Costs (following Theft only): $5,000 or 30 Days