Boiler & Pressure Plant Insurance​



What is Boiler & Pressure Plant Insurance?


In this Industrial era manufacturing units are exposed to Boiler explosion risk within premises.
Boiler and Pressure Plant Insurance covers damage to boilers & pressure plant with damage to surrounding property and Third Party legal liability arising due to explosion and collapse of the boiler/ pressure plant during its normal course of working.


What does a  Boiler & Pressure Plant policy cover?


Physical loss or damage to boilers and/or other pressure plant against unforeseen and sudden physical loss of or damage due to explosion or collapse of the insured items.


Damage (other than Fire) to the boilers & pressure vessels

Damage to surrounding property - Upto Limit agreed ​ 


Third party legal liability due to Explosion/ Collapse/ Implosion - Upto Limit agreed 


What is not covered by a Boiler & Pressure Plant policy?


Fire, smoke, soot, aggressive substance lightning, theft, collapse of buildings, subsidence, landslide, rockslide, water

Accident loss damage and/or liability resulting from overload experiments or tests requiring the imposition of abnormal conditions​ 


 Loss or damage for which the manufacturer or supplier or repairer of the property is responsible either by law or under contracts


Nuclear reaction, nuclear radiation or radioactive contamination.​

   Willful act or willful negligence

 Wear and Tear


Inherent defects​

   Lack of maintenance

Consequential loss