Insured equipment
Mobile plant, heavy equipment and construction machinery identified in the programme.
Assets & continuity
Contractor’s Plant & Machinery
Keep heavy equipment working across projects and operating sites.
Contractor’s Plant & Machinery addresses mobile plant, heavy equipment and construction machinery against insured physical loss or damage.
Introduction
What is Contractor’s Plant & Machinery?
Contractor’s Plant & Machinery is commonly considered by contractors, infrastructure owners, mines, plantations and equipment lessors. It can address mobile plant, heavy equipment and construction machinery against insured physical loss or damage.
What it protects
What can the policy protect?
The scope of Contractor’s Plant & Machinery should clearly define the insured interests and the protection required.
Operating locations
The projects, mines, industrial sites and transit arrangements where the equipment is used.
Values and ownership
Replacement values and the interests of owners, lessors or financiers.
Use and maintenance
The work performed, operating conditions and maintenance arrangements relevant to the equipment.
Common events
What types of loss can be covered?
The examples alongside help test the proposed programme against realistic situations. They guide the conversation but do not represent automatic cover.
Accidental physical damage
Sudden accidental damage affects insured equipment at a project or operating site.
Overturning or impact
Heavy equipment is damaged while moving, lifting or carrying out its work.
Natural hazards
Flood, landslide, storm or another insured natural event damages the equipment.
Programme context
Where this cover fits
Industry applications
The role of the cover should reflect the operation, contractual responsibilities and potential severity of loss.
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Mining, Metals & Minerals
For remote, capital-intensive operations with heavy equipment, specialist people and complex logistics.
Manufacturing
For operations where machinery, stock, people, suppliers and production continuity work as one system.
Power & Utilities
For essential infrastructure where equipment reliability, project delivery and service continuity are critical.
Infrastructure
For long-term projects and operating assets involving contractors, financiers and public responsibilities.
Independent property review
Review Contractor’s Plant & Machinery with Talisman.
Share your current wording, renewal terms or information about the requirement. We will help identify the practical next step.
Illustrative information only. Coverage, availability, limits and terms depend on the risk profile, insurer approval and final policy wording.