The policy covers construction site equipment used by contractors, such as excavators, drills, rollers, and dumpers. The machinery mentioned above represents a significant portion of a contractor's investment, so the CPM policy shields the company from any potential damage to the contractor's plant and machinery to execute a task.
Contractors Plant & Machinery Insurance covers the damage of any insured machinery or plant for any cause except if it is explicitly excluded.
CPM covers the damage to machinery even at resting periods.
CPM covers the product with replacement cost along with other add-on covers at attractive premiums.
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