Boiler & Pressure Plant Insurance

Property

Boiler & Pressure Plant Insurance

The intense pressure and the high temperatures generated by boilers and pressure vessels in factories are highly vulnerable to loss and / or damage due to explosion or collapse, and also may cause extensive collateral damage to the property in the vicinity. This policy is designed to offset such mishaps.


What it covers:

• Damage to the boilers and/or pressure vessels caused by and solely due to explosion or collapse

• Damage to the insured's own surrounding property

• Third-party liability for death or bodily injury or damage to third-party property


Basis of the sum insured:

Should represent the new replacement value of the plant inclusive of freight, customs duties, and erection cost

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  • Head Office Address

    3rd Floor, No. 131, W A D Ramanayake Mawatha, Colombo 02

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    +94 117589600

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    graeme.labrooy@iirm.lk

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