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Plant All Risks Policy
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What it Covers?
This policy provides a wide range of financial protection for the insured against losses that may arise in the course of building a structure, construction of road etc. A CAR is basically an all-risk policy.
The loss may be in the form of:
Machinery Breakdown:
This Policy covers loss or damage to the
insured plants and machinery specified in the policy schedule and used
in connection with the insured’s business.
It also indemnifies sudden and unforeseen physical loss or damage, necessitating its repair or replacement.
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