In this Industrial era manufacturing units are exposed to Boiler explosion risk within premises.
HDFC’s Boiler and Pressure Plant Insurance covers damage to boilers & pressure plant with damage to surrounding property and Third Party legal liability arising due to explosion and collapse of the boiler/ pressure plant during its normal course of working.
Physical loss or damage to boilers and/or
Fire, smoke, soot, aggressive substance lightning, theft, collapse of buildings, subsidence, landslide, rockslide, water
Accident loss damage and/or liability resulting from overload experiments or tests requiring the imposition of abnormal conditions
Loss or damage for which the manufacturer or supplier or repairer of the property is responsible either by law or under contracts
Political risks
Nuclear reaction, nuclear radiation or radioactive contamination.
Willful act or willful negligence;
Wear and Tear
Inherent defects
Lack of maintenance
Consequential loss
The policy is subject to a compulsory excess.
Sum Insured should represent their new replacement values
Premium depends upon Type of Boiler and Age of Boiler.
The policy is subject to a compulsory excess.
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Secured Over 1 Crore+ Smiles
All the support you need-24x7
Catering customer needs
Transparency at its best
Awards