Many companies across a range of manufacturing sectors have plant and/or machinery that is essential to the running of their business. When these machines suffer a breakdown or another form of loss or damage, it can result in unexpected and costly repair bills.

Different insurers will of course have varying wording, however in general terms, Machinery and Plant insurance policies are designed to cover the cost of repair or replacement for the following areas and situations:

Sudden and unforeseen damage; depending on the wording the following sections may also be included:

  • Accidental Damage
  • Breakdown
  • Collapse
  • Explosion

Cover for damage to the policyholder’s surrounding property caused by explosion relevant to pressure plant.

Identifying types of plant can often be difficult, so we would like to refer you to an appropriate Plant Guide put together by Allianz Insurance Company.

The purpose of these documents is to assist in the identification of plant and equipment, along with the applicable legislation:

Downloads:

    IMPORTANT: Please complete this application as fully as possible and return it to Consort Insurance, together with any relevant plans, Schedules of Condition or other supporting documents.

    JCT clause 21.2.1 (or equivalent) insurance

    Section 1 - General details

    :
    £
    £

    Section 2 - Existing property

    If the existing property is being completely demolished or the contract site has already been cleared, please proceed to SECTION 3. Otherwise, please answer the questions below:

    YesNo
    YesNo

    Section 3 - Surrounding property

    Please give a description of all surrounding property not forming part of the Contract Works:

    YesNo
    If Yes, please forward a copy of this to
    dahlia.osuoha@consortinsurance.com
    YesNo

    Section 4 - Construction and extensions

    Please complete DEMOLITION Section if applicable (where such demolition forms part of a contract for erection, reconstruction, alteration or repair by the insured):

    Demolition

    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo

    Section 5 - Declaration

    The undersigned declares on behalf of all parties proposing for insurance that to the best of his/her knowledge and belief, the statements provided herein are true and complete and all material facts or circumstances have been fully disclosed. The undersigned declares and agrees that the proposal form together with any other information supplied shall form the basis of any subsequent contract of insurance and undertakes to inform the insurer of any material alteration to those facts occurring before completion of the contract of insurance.