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
Let us know you requirement
3rd Floor, No. 131, W A D Ramanayake Mawatha, Colombo 02
+94 117589600
graeme.labrooy@iirm.lk
Let us know your requirement