Contactors Plant & Machinery policy covers construction equipment such as cranes, excavators etc. CPM Insurance covers loss or damage to the contractor’s property due to any cause that is accidental and external in nature. Cover operates when the insured property is at work or at rest or being dismantled for the purpose of cleaning/overhauling or during subsequent re-erection. Extensions to the cover can be arranged subject to premium adjustment. Loss of Profit Following Machinery Breakdown Insurance Modern machinery loss of profits insurance (MLOP) is a means of meeting the increasing need on the part of industry for comprehensive tailor made insurance protection from the consequences of business interruption. MLOP insurance provides cover for the actual loss of profits sustained as a result of a business interruption caused by material damage indemnifiable under machinery insurance. Machinery. EAR insurance provides comprehensive cover.
