Machinery and Contractor’s Equipment Insurance covers all risks of damage or physical loss (other than those excluded in the policy) that occurs suddenly and unexpectedly to machinery and equipment (heavy equipment) of any type the Insured owns, while at work or at rest, or in the course of the operations or overhauling.

Types of heavy equipment or machines insured are contractor’s equipment, heavy equipment used in construction, mining and container terminals, cranes, wheel loaders, excavators, forklift, vibrators, dump trucks, bulldozers, etc.