Special Risk Equipment

This form of policy provides protection for loss or damage to equipment used beyond the premises of the Insured provided that such equipment are not licensed for road use. The standard policy covers the insured equipment, its standard accessories and parts whilst thereon by:-

• accidental collision or overturning consequent upon mechanical breakdown or consequent upon wear and tear.
• fire external explosion self-ignition or lightning
• burglary housebreaking or theft
• In addition, if the Equipment is disabled by reason of loss or damage insured under this Policy, the Company will bear the cost of not exceeding RM500 reasonably incurred for its protection and removed to the nearest repairers and for its delivery within the country where the loss or damage was sustained.